Allen L. Muhich - Jul 26, 2021 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)

Role: Chief Financial Officer
Signature: /s/ Allen L. Muhich
Stock symbol: FARO
Transactions as of: Jul 26, 2021
Transactions value $: -$74,606
Form type: 4
Date filed: 7/27/2021, 06:20 PM
Next filing: Feb 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FARO	Common Stock	Options Exercise	$0	+3.15K	+99.46%	$0.00	6.31K	Jul 26, 2021	Direct	F1, F2
transaction	FARO	Common Stock	Tax liability	-$74.6K	-1.02K	-16.19%	$73.00	5.29K	Jul 26, 2021	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FARO	Restricted Stock Units	Options Exercise	$0	-3.15K	-50%	$0.00	3.15K	Jul 26, 2021	Common Stock	3.15K		Direct	F1, F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
F2	Each RSU represents a contingent right to receive the economic equivalent of one share of common stock of FARO Technologies, Inc. (the "Issuer") upon vesting for no consideration.
F3	Represents shares withheld by the Issuer to satisfy tax withholding obligations on the vesting of RSUs.
F4	3,147 of the shares underlying the RSUs vested on July 26, 2021, and the 3,147 remaining shares underlying the RSUs will vest on July 26, 2022.