Stephen Cole - 01 Apr 2023 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)

Reporting relationship: Director
Issuer ticker: FARO
Reported as of: 01 Apr 2023
Net transaction value: +$15,012
SEC form: 4
Accepted by SEC: 31 May 2023, 19:36:55 UTC
Prior SEC filing: 04 Jan 2023
Next SEC filing: 17 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Allen Muhich, Attorney-in-Fact for Stephen Cole (power of attorney previously filed)

Key filing fact

Stephen Cole filed Form 4 for FARO TECHNOLOGIES INC (FARO) on 31 May 2023.

Key facts

This page summarizes Stephen Cole's Form 4 filing for FARO TECHNOLOGIES INC (FARO).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 31 May 2023, 19:36.

Change

Previous filing in this sequence was filed on 04 Jan 2023.
Current net transaction value: +$15,012.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FARO transaction Derivative

Deferred Stock Units

Award

Transaction value: $15,012
Shares: +610
Change %: +18%
Price: $24.61
Shares after: 4,004
Date: 01 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 610
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The deferred stock units ("DSUs") were awarded pursuant to the Issuer's 2022 Incentive Plan and 2018 Non-Employee Director Deferred Compensation Plan

Footnote 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.