SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Arezone Joseph

(Last) (First) (Middle)
C/O FARO TECHNOLOGIES INC.
250 TECHNOLOGY PARK

(Street)
LAKE MARY FL 32746

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FARO TECHNOLOGIES INC [ FARO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, ASIA PACIFIC REGION
3. Date of Earliest Transaction (Month/Day/Year)
05/09/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 05/09/2011 M 2,500 A $24.36 3,938 D
Common Stock 05/09/2011 M 3,500 A $31.06 7,438 D
Common Stock 05/09/2011 M 1,666 A $13.04 9,104 D
Common Stock 05/09/2011 M 1,939 A $24.3 11,043 D
Common Stock 05/09/2011 M 2,050 A $27.4 13,093 D
Common Stock 05/09/2011 M 2,050 A $20.44 15,143 D
Common Stock 05/09/2011 M 4,000 A $19.34 19,143 D
Common Stock 05/09/2011 M 1,100 A $22.28 20,243 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 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: 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
Employee Stock Option (right to buy) $24.36 05/09/2011 M 2,500 (1) 03/05/2017 Common Stock 2,500 $0 0 D
Employee Stock Option (right to buy) $31.06 05/09/2011 M 3,500 (2) 03/12/2018 Common Stock 3,500 $0 0 D
Employee Stock Option (right to buy) $13.04 05/09/2011 M 1,666 (3) 03/12/2019 Common Stock 1,666 $0 834 D
Employee Stock Option (right to buy) $24.3 05/09/2011 M 1,939 (4) 03/01/2017 Common Stock 1,939 $0 3,880 D
Employee Stock Option (right to buy) $27.4 05/09/2011 M 2,050 (5) 02/10/2014 Common Stock 2,050 $0 0 D
Employee Stock Option (right to buy) $20.44 05/09/2011 M 2,050 (6) 05/11/2014 Common Stock 2,050 $0 0 D
Employee Stock Option (right to buy) $19.34 05/09/2011 M 4,000 (7) 08/16/2014 Common Stock 4,000 $0 0 D
Employee Stock Option (right to buy) $22.28 05/09/2011 M 1,100 (8) 08/12/2015 Common Stock 1,100 $0 0 D
Explanation of Responses:
1. The option became vested in three equal annual installments on each of 03/05/08, 03/05/09 and 03/05/10.
2. The option became vested in three equal annual installments on each of 03/12/09, 03/12/10 and 03/12/11.
3. The option became vested as to 834 options on 3/12/10 and 833 options on 03/12/11. 833 options will vest on 3/12/12.
4. The option became vested as to 1,939 options on 03/01/11. 1940 options will vest on each of 03/01/12 and 03/01/13.
5. The option became vested in three equal annual installments on each of 02/10/05, 02/10/06 and 02/10/07.
6. The option became vested in three equal annual installments on each of 05/11/05, 05/11/06 and 05/11/07.
7. The option became vested in three equal annual installments on each of 08/16/05, 08/16/06 and 08/16/07.
8. The option became vested in three equal annual installments on each of 08/12/06, 08/12/07 and 08/12/08.
/s/ Keith S. Bair, as Attorney-in-Fact 05/11/2011
** 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).
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