STEPHEN COLE - 01 Jan 2023 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)

Role: Director
Signature: /s/ Allen Muhich, Attorney-in-Fact for Stephen Cole (power of attorney previously filed)
Issuer symbol: FARO
Transactions as of: 01 Jan 2023
Net transactions value: +$19,999
Form type: 4
Filing time: 04 Jan 2023, 15:20:14 UTC
Previous filing: 31 May 2022
Next filing: 31 May 2023
SEC: View on sec.gov

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	Deferred Stock Units	Award	$19,999	+680	+25%	$29.41	3,394	01 Jan 2023	Common Stock	680		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The deferred stock units ("DSUs") were awarded pursuant to the Issuer's 2022 Incentive Plan and 2018 Non-Employee Director Deferred Compensation Plan.
F2	Each DSU represents the right to receive one share of the Issuer's common stock no later than 60 business days following the date the reporting person incurs a separation of service from the Issuer, or in limited circumstances, upon a change in control.