Phillipe L. Delnick - Feb 26, 2025 Form 4 Insider Report for FARO TECHNOLOGIES INC (FARO)

Role: SVP, Global Sales
Signature: /s/ Matthew Horwath, Attorney-in-Fact for Phillipe L. Delnick
Stock symbol: FARO
Transactions as of: Feb 26, 2025
Transactions value $: $0
Form type: 4
Date filed: 2/28/2025, 04:17 PM
Previous filing: Nov 5, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FARO	Common Stock	Award	$0	+6.68K	+101.03%	$0.00	13.3K	Feb 26, 2025	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FARO	Performance Share Units	Award	$0	+10K	+101.03%	$0.00	19.9K	Feb 26, 2025	Common Stock	10K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported shares are represented by restricted stock units, or RSUs, which vest in three equal annual installments beginning on February 26, 2026.
F2	Each RSU or performance share unit, or PRSU, as applicable, represents the contingent right to receive the economic equivalent of one share of FARO Technologies, Inc. common stock.
F3	The PRSUs vest on February 26, 2028 based upon the Company's relative total shareholder return ("TSR") compared to the TSR of the companies in the Russell 2000 Growth Index and pre-established thresholds from 0% payout to a maximum of 200%. At a 200% payout the maximum number of PRSUs vesting would be 20,034.