Buss Siggi 4
4 · FARO TECHNOLOGIES INC · Filed Dec 5, 2011
Insider Transaction Report
Form 4
Buss Siggi
SVP, EUROPE REGION
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2011-12-01−6,900→ 0 totalExercise: $20.44Exp: 2014-05-11→ Common Stock (6,900 underlying) - Sale
Common Stock
2011-12-01$48.06/sh−6,900$331,614→ 24,540 total - Exercise/Conversion
Common Stock
2011-12-01$20.44/sh+6,900$141,036→ 31,440 total
Footnotes (2)
- [F1]Reflects the weighted average sale price. The range of prices for such transaction is $47.66 to $48.52. The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
- [F2]The option vested in three equal annual installments on each of 05/11/05, 05/11/06 and 05/11/07.