Allen L. Muhich - 21 Feb 2022 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)

Role: Chief Financial Officer
Signature: /s/ Allen L. Muhich
Issuer symbol: FARO
Transactions as of: 21 Feb 2022
Net transactions value: -$32,805
Form type: 4
Filing time: 22 Feb 2022, 15:12:16 UTC
Previous filing: 22 Feb 2022
Next filing: 15 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FARO	Common Stock	Options Exercise	$0	+1,617	+27%	$0.000000	7,665	21 Feb 2022	Direct	F1, F2
transaction	FARO	Common Stock	Tax liability	$32,805	-611	-8%	$53.69	7,054	21 Feb 2022	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	-1,617	-50%	$0.000000	1,617	21 Feb 2022	Common Stock	1,617		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	1,617 of the shares underlying the RSUs vested on February 21, 2022 and the 1,617 remaining shares underlying the RSUs will vest on February 21, 2023.