STEPHEN COLE - 01 Apr 2023 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)

Role
Director
Signature
/s/ Allen Muhich, Attorney-in-Fact for Stephen Cole (power of attorney previously filed)
Issuer symbol
FARO
Transactions as of
01 Apr 2023
Net transactions value
+$15,012
Form type
4
Filing time
31 May 2023, 19:36:55 UTC
Previous filing
04 Jan 2023
Next filing
17 May 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 $15,012 +610 +18% $24.61 4,004 01 Apr 2023 Common Stock 610 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.