Allen L. Muhich - 19 Feb 2023 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
31 May 2023, 19:25:20 UTC
Prior SEC filing
27 Jul 2022
Next SEC filing
03 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Allen L. Muhich

Key filing fact

Allen L. Muhich filed Form 4 for FARO TECHNOLOGIES INC (FARO) on 31 May 2023.

Key facts

  • This page summarizes Allen L. Muhich'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, 19:25.

Change

  • Previous filing in this sequence was filed on 27 Jul 2022.
  • Current net transaction value: -$51,532.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FARO transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,220
Change %
+3.6%
Price
Shares after
35,065
Date
19 Feb 2023
Ownership
Direct
Footnotes
F1
FARO transaction

Common Stock

Tax liability

Transaction value
$13,171
Shares
-461
Change %
-1.3%
Price
$28.57
Shares after
34,604
Date
19 Feb 2023
Ownership
Direct
Footnotes
F2
FARO transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,617
Change %
+4.7%
Price
Shares after
36,221
Date
21 Feb 2023
Ownership
Direct
Footnotes
F1
FARO transaction

Common Stock

Tax liability

Transaction value
$16,809
Shares
-611
Change %
-1.7%
Price
$27.51
Shares after
35,610
Date
21 Feb 2023
Ownership
Direct
Footnotes
F2
FARO transaction

Common Stock

Tax liability

Transaction value
$21,553
Shares
-874
Change %
-2.5%
Price
$24.66
Shares after
34,736
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
-1,220
Change %
-30%
Price
$0.000000
Shares after
2,837
Date
19 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,220
Exercise price
Footnotes
F1, F3
FARO transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,617
Change %
-57%
Price
$0.000000
Shares after
1,220
Date
21 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,617
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

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.

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