Key facts
- This page summarizes Michael D. Burger's Form 4 filing for FARO TECHNOLOGIES INC (FARO).
- 7 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 31 May 2023, 19:21.
Michael D. Burger - 19 Feb 2023 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)
- Reporting relationship
- President and CEO
- Issuer ticker
- FARO
- Reported as of
- 19 Feb 2023
- Net transaction value
- -$140,704
- SEC form
- 4
- Accepted by SEC
- 31 May 2023, 19:21:57 UTC
- Prior SEC filing
- 21 Jun 2022
- Next SEC filing
- 03 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Allen Muhich, attorney-in-fact for Michael D. Burger
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 31 May 2023.
Change
- Previous filing in this sequence was filed on 21 Jun 2022.
- Current net transaction value: -$140,704.
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
- +3,977
- Change %
- +3.6%
- Price
- Shares after
- 115,586
- Date
- 19 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
FARO
transaction
Common Stock
Tax liability
- Transaction value
- $36,912
- Shares
- -1,292
- Change %
- -1.1%
- Price
- $28.57
- Shares after
- 114,294
- Date
- 19 Feb 2023
- Ownership
- Direct
- Footnotes
- F2
FARO
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +5,390
- Change %
- +4.7%
- Price
- Shares after
- 119,684
- Date
- 21 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
FARO
transaction
Common Stock
Tax liability
- Transaction value
- $43,301
- Shares
- -1,574
- Change %
- -1.3%
- Price
- $27.51
- Shares after
- 118,110
- Date
- 21 Feb 2023
- Ownership
- Direct
- Footnotes
- F2
FARO
transaction
Common Stock
Tax liability
- Transaction value
- $60,491
- Shares
- -2,453
- Change %
- -2.1%
- Price
- $24.66
- Shares after
- 115,657
- Date
- 14 Mar 2023
- Ownership
- Direct
- Footnotes
- F2
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
- -3,977
- Change %
- -30%
- Price
- $0.000000
- Shares after
- 9,367
- Date
- 19 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,977
- Exercise price
- Footnotes
- F1, F3
FARO
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -5,390
- Change %
- -58%
- Price
- $0.000000
- Shares after
- 3,977
- Date
- 21 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,390
- Exercise price
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Michael D. Burger is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Each restricted stock unit, or RSU, represents a contingent right to receive one share of FARO Technologies, Inc. common stock.
Footnote F2
The shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
Footnote F3
The RSUs vest in three equal annual installments beginning February 19, 2022.
Footnote F4
The RSUs vest in three equal annual installments beginning February 21, 2021.
SEC remarks
The amounts reported in Column 5 of Table I report beneficial ownership as of the date of filing this report on Form 4.