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FARO FARO Technologies Inc

17.8056
0.4656 (2.69%)
Last Updated: 17:58:47
Delayed by 15 minutes
Share Name Share Symbol Market Type
FARO Technologies Inc NASDAQ:FARO NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.4656 2.69% 17.8056 17.75 17.85 18.00 17.60 17.60 91,134 17:58:47

- Statement of Changes in Beneficial Ownership (4)

09/06/2011 8:48pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response...
0.5
                      
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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

RAAB SIMON
2. Issuer Name and Ticker or Trading Symbol

FARO TECHNOLOGIES INC [ FARO ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O FARO TECHNOLOGIES INC., 250 TECHNOLOGY PARK
3. Date of Earliest Transaction (MM/DD/YYYY)

6/8/2011
(Street)

LAKE MARY, FL 32746
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   6/8/2011     S    37376   D $40.20   (1) (4) 120282   I   See footnote   (5)
Common Stock   6/8/2011     S    6758   D $41.34   (2) (4) 113524   I   See footnote   (5)
Common Stock   6/9/2011     S    3524   D $40.14   (3) (4) 110000   I   See footnote   (5)
Common Stock                  5685   D    
Common Stock                  284315   I   See footnote   (6)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Reflects the weighted average sale price. The range of prices for such transaction is $40.00 to $40.83.
( 2)  Reflects the weighted average sale price. The range of prices for such transaction is $41.00 to $42.00.
( 3)  Reflects the weighted average sale price. The range of prices for such transaction is $40.00 to $40.43.
( 4)  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.
( 5)  Represents shares held by two family limited liability companies (the "LLCs"), of which the reporting person and his wife have beneficial ownership. These shares were previously held by a revocable trust and the shares were transferred to the LLCs in April 2008. The footnote describing the nature of indirect beneficial ownership of such shares in prior filings was inadvertently not updated to reflect such transfer.
( 6)  Represents shares held by Xenon Research, Inc., a corporation in which the reporting person has investment control over the shares of the issuer owned by such corporation. The reporting person and his wife, Diana Raab, own all of the outstanding shares of Xenon Research, Inc.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
RAAB SIMON
C/O FARO TECHNOLOGIES INC.
250 TECHNOLOGY PARK
LAKE MARY, FL 32746
X



Signatures
/s/ Keith Bair, as Attorney-in-Fact 6/9/2011
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.

1 Year FARO Technologies Chart

1 Year FARO Technologies Chart

1 Month FARO Technologies Chart

1 Month FARO Technologies Chart