Yuval Wasserman - Apr 1, 2023 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)

Role
Executive Chairman, Director
Signature
/s/ Allen Muhich, Attorney-in-fact for Yuval Wasserman (power of attorney previously filed)
Stock symbol
FARO
Transactions as of
Apr 1, 2023
Transactions value $
$33,740
Form type
4
Date filed
5/31/2023, 07:39 PM
Previous filing
Jan 4, 2023
Next filing
May 8, 2023

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 $33.7K +1.37K +64.61% $24.61 3.49K Apr 1, 2023 Common Stock 1.37K 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 contingent 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.