Form 4: Faro Technologies Director Exercises Stock Options
Sentiment:
SEC Form 4 Filing
Director Moonhie Chin exercised stock options and acquired 1,438 shares of Faro Technologies common stock on October 1, 2024.
Summary
- On October 1, 2024, Moonhie Chin, a director of Faro Technologies, exercised stock options.
- This transaction resulted in the acquisition of 1,438 shares of common stock.
- Following the transaction, Chin directly owns 28,798 shares of Faro Technologies common stock.
- The restricted stock units converted into common stock on a one-for-one basis.
- The reporting person was granted 1,483 restricted stock units on October 1, 2021, vesting on the third anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/01/2021 | Reporting person was granted 1,483 restricted stock units, vesting on the third anniversary of the grant date. |
| 10/01/2024 | Director exercised stock options and acquired 1,438 shares of Faro Technologies common stock. |
| 10/03/2024 | Date of signature for the Form 4 filing. |
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