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FARO TECHNOLOGIES INC
FARO
Total Value
$6.9M
Company Information
- Company Name
- FARO TECHNOLOGIES INC
- Ticker Symbol
- FARO
- CIK
- 0000917491
Insider Information
- Name
- WASSERMAN YUVAL
- Role
- Director
- Location
- LAKE MARY, FL
Director
Filing Details
- Filing Date
- Jul 21, 2025
- Transaction Date
- Jul 21, 2025
- Accession Number
- 0001628280-25-035458
- Form Type
- 4
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| Jul 21, 2025 | Common Stock | 157,679 | $44.00 | Disposition | $6.9M |
Derivative Transactions
| Date | Security | Shares | Exercise Price | Type | Value |
|---|---|---|---|---|---|
| Jul 21, 2025 | Derivative | 2,122 | — | Disposition | — |
Footnotes
- (F1)Represents shares of issuer's common stock and restricted stock units relating to such common stock that were disposed of in connection with the merger of a wholly owned subsidiary of AMETEK, Inc. ("Merger Sub") with and into issuer (the "Merger") pursuant to the Agreement and Plan of Merger, dated as of May 5, 2025, by and among issuer, AMETEK, Inc., AMETEK TP, Inc. and Merger Sub (the "Merger Agreement"). At the effective time of the Merger, each issued and outstanding share of issuer's common stock (subject to certain exceptions described in the Merger Agreement) and each restricted stock unit were canceled and converted into the right to receive $44.00 in cash.
- (F2)The deferred stock units were awarded pursuant to issuer's 2022 Incentive Plan and 2018 Non-Employee Director Deferred Compensation Plan.
- (F3)Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, these deferred stock units were cancelled and converted into the right to receive $44.00 in cash.
- (F4)Each deferred stock unit represents the contingent right to receive one share of issuer's common stock no later than 60 business days following the date the reporting person incurs a separation of service from issuer, or in limited circumstances, upon a change of control.