Key facts
- This page summarizes Michael D. Burger's Form 4 filing for FARO TECHNOLOGIES INC (FARO).
- 3 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 21 Jun 2022, 16:26.
Michael D. Burger - 17 Jun 2022 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)
- Signature
- /s/ Allen Muhich, attorney-in-fact for Michael D. Burger (power of attorney previously filed)
- Issuer symbol
- FARO
- Transactions as of
- 17 Jun 2022
- Net transactions value
- -$146,219
- Form type
- 4
- Filing time
- 21 Jun 2022, 16:26:54 UTC
- Previous filing
- 15 Mar 2022
- Next filing
- 31 May 2023
- SEC
- View on sec.gov
Key filing fact
Michael D. Burger filed Form 4 for FARO TECHNOLOGIES INC (FARO) on 21 Jun 2022.
Change
- Previous filing in this sequence was filed on 15 Mar 2022.
- Current net transaction value: -$146,219.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
FARO
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +10,421
- Change %
- +21%
- Price
- Shares after
- 58,933
- Date
- 17 Jun 2022
- Ownership
- Direct
- Footnotes
- F1, F2
FARO
transaction
Common Stock
Tax liability
- Transaction value
- $146,219
- Shares
- -4,682
- Change %
- -7.9%
- Price
- $31.23
- Shares after
- 54,251
- Date
- 17 Jun 2022
- Ownership
- Direct
- Footnotes
- F3
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
FARO
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -10,421
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 17 Jun 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 10,421
- Exercise price
- Footnotes
- 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 | 10,421 of the shares underlying the RSUs vested on June 17, 2022. |