Yuval Wasserman - Jun 1, 2021 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)

Role
Director
Signature
/s/ Allen Muhich, Attorney-in-fact for Yuval Wasserman
Stock symbol
FARO
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/3/2021, 05:30 PM
Previous filing
May 20, 2021
Next filing
Jul 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FARO Common Stock Award $0 +1.33K +16.8% $0.00 9.24K Jun 1, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock of FARO Technologies, Inc. (the "Company"). The restricted stock units vest on the day prior to the date of the 2022 annual meeting of shareholders, subject to the reporting person's continued membership on the Company's Board of Directors as of such date. The reporting person has elected to defer the settlement of any such vested restricted stock units until such date that is within 60 days after the date the reporting person incurs a separation of service from the Company, or in limited circumstances upon a change in control of the Company, pursuant to the terms of the FARO Technologies, Inc. 2018 Non-Employee Director Deferred Compensation Plan.