0000911916-18-000145.txt : 20180802
0000911916-18-000145.hdr.sgml : 20180802
20180802170906
ACCESSION NUMBER: 0000911916-18-000145
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180731
FILED AS OF DATE: 20180802
DATE AS OF CHANGE: 20180802
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gale Jody Storm
CENTRAL INDEX KEY: 0001597760
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23081
FILM NUMBER: 18989405
MAIL ADDRESS:
STREET 1: C/O FARO TECHNOLOGIES, INC.
STREET 2: 250 TECHNOLOGY PARK
CITY: LAKE MARY
STATE: FL
ZIP: 32746
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FARO TECHNOLOGIES INC
CENTRAL INDEX KEY: 0000917491
STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829]
IRS NUMBER: 593157093
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 125 TECHNOLOGY PARK
CITY: LAKE MARY
STATE: FL
ZIP: 32746-6204
BUSINESS PHONE: 4073339911
MAIL ADDRESS:
STREET 1: FARO TECHNOLOGIES INC
STREET 2: 125 TECHNOLOGY PARK
CITY: LAKE MARY
STATE: FL
ZIP: 32746
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2018-07-31
0000917491
FARO TECHNOLOGIES INC
FARO
0001597760
Gale Jody Storm
C/O FARO TECHNOLOGIES, INC.
250 TECHNOLOGY PARK
LAKE MARY
FL
32746
0
1
0
0
SVP/General Counsel/Secretary
Common Stock
2018-07-31
4
M
0
8500
49.60
A
15089
D
Common Stock
2018-07-31
4
S
0
8500
65.2748
D
6589
D
Common Stock
2018-08-01
4
M
0
5097
49.60
A
11686
D
Common Stock
2018-08-01
4
M
0
3554
59.97
A
15240
D
Common Stock
2018-08-01
4
M
0
5167
34.55
A
20407
D
Common Stock
2018-08-01
4
S
0
13818
65.0536
D
6589
D
Employee Stock Option (right to buy)
49.60
2018-07-31
4
M
0
8500
0
D
2021-02-03
Common Stock
8500
5097
D
Employee Stock Option (right to buy)
49.60
2018-08-01
4
M
0
5097
0
D
2021-02-03
Common Stock
5097
0
D
Employee Stock Option (right to buy)
59.97
2018-08-01
4
M
0
3554
0
D
2022-02-27
Common Stock
3554
2
D
Employee Stock Option (right to buy)
34.55
2018-08-01
4
M
0
5167
0
D
2024-03-03
Common Stock
5167
10335
D
Represents the sale of 8,500 shares in multiple transactions ranging in price from $65.00 to $65.55 per share, resulting in a weighted average sale price of $65.2748. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the range.
Represents the sale of 13,818 shares in multiple transactions ranging in price from $65.00 to $65.30 per share, resulting in a weighted average sale price of $65.0536. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the range.
These stock options vested in three equal annual installments beginning on February 3, 2015.
On February 27, 2015, the reporting person was granted performance-based stock options to purchase 12,803 shares of common stock, with the number of stock options earned to be determined based on the extent to which certain performance conditions for each of fiscal years 2015, 2016 and 2017 were met. As determined on each of February 11, 2016, March 3, 2017 and March 20, 2018, the reporting person earned stock options to purchase 1,066, 1,423 and 1,067 shares of common stock, respectively, based on the Company's fiscal year 2015, 2016 and 2017 performance, which stock options vested as of the respective determination date.
5,167 stock options vested on March 3, 2018, and the remaining 10,335 stock options are scheduled to vest in equal installments on March 3, 2019 and March 3, 2020.
/s/ Jody Storm Gale
2018-08-02