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.
- Accepted by SEC: 21 Jun 2022, 16:26.
Michael D. Burger - 17 Jun 2022 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- FARO
- Reported as of
- 17 Jun 2022
- Net transaction value
- -$146,219
- SEC form
- 4
- Accepted by SEC
- 21 Jun 2022, 16:26:54 UTC
- Prior SEC filing
- 15 Mar 2022
- Next SEC filing
- 31 May 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Allen Muhich, attorney-in-fact for Michael D. Burger (power of attorney previously filed)
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
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
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
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
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
Footnote 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.
Footnote F3
Represents shares withheld by the Issuer to satisfy tax withholding obligations on the vesting of RSUs.
Footnote F4
10,421 of the shares underlying the RSUs vested on June 17, 2022.