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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) | $ 35.9 | 02/25/2011 | A | 8,938 | (3) | 02/25/2018 | Common Stock | 8,938 | $ 0 | 8,938 | D | ||||
Employee Stock Option (right to buy) | $ 19.34 | 03/02/2011 | M | 15,000 | (4) | 08/16/2014 | Common Stock | 15,000 | $ 0 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 13.04 | 03/02/2011 | M | 5,112 | (5) | 03/04/2019 | Common Stock | 5,112 | $ 0 | 10,225 | D | ||||
Employee Stock Option (right to buy) | $ 13.04 | 03/04/2011 | M | 5,113 | (5) | 03/04/2019 | Common Stock | 5,113 | $ 0 | 5,113 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Buss Siggi C/O FARO TECHNOLOGIES INC. 250 TECHNOLOGY PARK LAKE MARY, FL 32746 |
SVP, EUROPE REGION |
/s/ Keith S. Bair, as Attorney-in-Fact | 04/01/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Reflects restricted stock units that vest in three equal annual installments beginning on the first anniversary of the date of grant. |
(2) | On March 4, 2011, the reporting person reported sales of common stock in two open market trades that did not in fact occur (6,902 shares on March 2, 2011, and 3,098 shares on March 3, 2011). On March 4, 2011, 272 shares previously subject to restricted stock units were forfeited due to performance vesting conditions. As of March 4, 2011, the reporting person owned 51,081 shares of common stock, which number included 3,460 shares subject to restricted stock units. |
(3) | The option vests in three equal annual installments beginning on the first anniversary of the date of grant. |
(4) | The option vested in three equal annual installments on each of 08/16/05, 08/16/06, and 08/15/07. |
(5) | The option vested as to 5,112 options on 3/4/10 and as to 5,113 options on 3/4/11; 5,113 options will vest on 3/4/12. |