Stephen Cole - May 27, 2022 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)
Stock symbol
FARO
Transactions as of
May 27, 2022
Transactions value $
$0
Form type
4
Date filed
5/31/2022, 04:32 PM
Previous filing
Oct 4, 2021
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FARO Common Stock Award $0 +5.41K +48.14% $0.00 16.7K May 27, 2022 Direct F1
holding FARO Common Stock 490 May 27, 2022 By Shanklin Investments F2
holding FARO Common Stock 4.5K May 27, 2022 By Snow Powder Ridge Limited F3
holding FARO Common Stock 10.6K May 27, 2022 By Seeonee Inc. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock of FARO Technologies, Inc. (the "Company"). The restricted stock units vest on the day prior to the date of the 2023 annual meeting of shareholders, subject to the reporting person's continued membership on the Company's Board of Directors as of such date.
F2 Held by Shanklin Investments in trust for the reporting person, who holds shares in trust from Snow Powder Ridge Limited, a company owned by the reporting person, his wife and his children.
F3 Held by Snow Powder Ridge Limited, a company owned by the reporting person, his wife and his children.
F4 Held by Seeonee Inc., a company indirectly owned by two trusts, of which the reporting person and his family members are the beneficiaries. The reporting person has sole investment control with respect to such shares of the Company's common stock.