4//SEC Filing
LAU PETER JAMES 4
Accession 0001628280-23-026800
CIK 0000917491other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 4:41 PM ET
Size
7.3 KB
Accession
0001628280-23-026800
Insider Transaction Report
Form 4
LAU PETER JAMES
DirectorPresident and CEO
Transactions
- Award
Performance Share Units
2023-08-02+163,064→ 163,064 total→ Common Stock (163,064 underlying) - Award
Common Stock
2023-08-02+108,709→ 108,709 total
Footnotes (3)
- [F1]The reported shares are represented by restricted stock units, or RSUs, which vest in three equal annual installments beginning on July 24, 2024.
- [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.
- [F3]The PRSUs vest on July 24, 2026 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 326,128.
Documents
Issuer
FARO TECHNOLOGIES INC
CIK 0000917491
Entity typeother
Related Parties
1- filerCIK 0001821482
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 4:41 PM ET
- Size
- 7.3 KB