Key facts
- This page summarizes Jeffrey D. Sexton's Form 4 filing for FARO TECHNOLOGIES INC (FARO).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Mar 2024, 16:46.
Jeffrey D. Sexton - 01 Mar 2024 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)
- Reporting relationship
- Vice President of Global Sales
- Issuer ticker
- FARO
- Reported as of
- 01 Mar 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 05 Mar 2024, 16:46:04 UTC
- Prior SEC filing
- 03 Mar 2023
- Next SEC filing
- 15 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Matthew Horwath, Attorney-in-Fact for Jeffrey Sexton (power of attorney filed herein)
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jeffrey D. Sexton filed Form 4 for FARO TECHNOLOGIES INC (FARO) on 05 Mar 2024.
Change
- Previous filing in this sequence was filed on 03 Mar 2023.
- Current net transaction value: $0.
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
Award
- Transaction value
- $0
- Shares
- +10,787
- Change %
- +59%
- Price
- $0.000000
- Shares after
- 29,206
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FARO
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +16,180
- Change %
- +119%
- Price
- $0.000000
- Shares after
- 29,765
- Date
- 01 Mar 2024
- Ownership
- Direct
- Underlying class
- Restricted Stock Units
- Underlying amount
- 16,180
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
The reported shares are represented by restricted stock units, or RSUs, which vest in three equal annual installments beginning on March 1, 2025.
Footnote F2
Each RSU or performance share unit, or PRSU, as applicable, represents the contingent right to receive the economic equivalent of one share of FARO Technologies, Inc. common stock.
Footnote F3
The PRSUs vest on March 1, 2027 based upon the Company's relative total shareholder return ("TSR") compared to the TSR of the companies in the Russell 2000 Growth Index and pre-established thresholds from 0% payout to a maximum of 200%. At a 200% payout the maximum number of PRSUs vesting would be 32,360.
SEC remarks
Exhibit 24 Power of Attorney