Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
Form Type:
Zero Holdings:
Publication Time:
2013-03-05 21:50:16
Reporting Period:
Filing Date:
Accepted Time:
2013-03-05 21:50:16
SEC Url:
Form 4 Filing
Cik Name Symbol Sector (SIC) IRS No
917491 Faro Technologies Inc FARO Measuring & Controlling Devices, Nec (3829) 593157093
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1309153 Jay Freeland C/o Faro Technologies Inc.
250 Technology Park
Lake Mary FL 32746
President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-03-01 2,580 $24.35 7,620 No 4 M Direct
Common Stock Disposition 2013-03-01 2,580 $45.06 5,040 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2013-03-01 2,580 $0.00 2,580 $24.35
Common Stock Employee Stock Option (right to buy) Acquisiton 2013-03-01 9,749 $0.00 9,749 $44.28
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
47,420 2014-11-15 No 4 M Direct
9,749 2020-03-01 No 4 A Direct
  1. The stock option exercise and sales reported in this Form 4 were effected pursuant to the reporting person's stock trading plan (the "Trading Plan"), in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The issuer disclosed the reporting person's adoption of the Trading Plan on a Current Report on Form 8-K filed with the SEC on November 7, 2012. The Trading Plan became effective on December 20, 2012 and will terminate on December 19, 2013, unless earlier terminated in accordance with the terms of the Trading Plan. Pursuant to the terms of the Trading Plan, the reporting person does not have any discretion or control over the timing or effectuation of sales.
  2. 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 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 Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
  3. Reflects the weighted average sale price. The range of prices for such transaction is $45.00 to $45.16.
  4. The option vested in three equal annual installments on each of 11/15/05, 11/15/06 and 11/15/07.
  5. The option vests in three equal annual installments on each of 03/01/14, 03/01/15 and 03/01/16.