Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FARO | Common Stock | Award | $0 | +1.33K | +13.41% | $0.00 | 11.2K | Jun 1, 2021 | Direct | F1 |
holding | FARO | Common Stock | 490 | Jun 1, 2021 | By Shanklin Investments | F2 | |||||
holding | FARO | Common Stock | 4.5K | Jun 1, 2021 | By Snow Powder Ridge Limited | F3 | |||||
holding | FARO | Common Stock | 10.6K | Jun 1, 2021 | By Seeonee Inc. | F4 |
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. |
F2 | Held by Shanklin Investments in trust for the reporting person, who holds shares in trust from Snow Powder Ridge Limited, a company owned by the reporting person, his wife and his children. |
F3 | Held by Snow Powder Ridge Limited, a company owned by the reporting person, his wife and his children. |
F4 | Held by Seeonee Inc., a company indirectly owned by two trusts, of which the reporting person and his family members are the beneficiaries. The reporting person has sole investment control with respect to such shares of the Company's common stock. |