XNAS:FARO Faro Technologies Inc Insider Activity 4 Filing - 3/9/2012

Effective Date 3/9/2012

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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

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Arezone Joseph
  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
(Last)
(First)
(Middle)
C/O FARO TECHNOLOGIES INC., 250 TECHNOLOGY PARK
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2012
(Street)

LAKE MARY, FL 32746
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 03/09/2012   M   834 A $13.04 2,493 D  
Common Stock 03/09/2012   M   1,940 A $24.3 4,433 D  
Common Stock 03/09/2012   M   1,766 A $35.9 6,199 D  
Common Stock 03/12/2012   S   2,405 D $53.5 3,794 D  
Common Stock 03/13/2012   S   2,488 D $53.64(1) 1,306 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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
Employee Stock Option (right to buy) $13.04 03/09/2012   M     834   (2) 03/04/2016 Common Stock 834 $ 0 0 D  
Employee Stock Option (right to buy) $24.3 03/09/2012   M     1,940   (3) 03/01/2017 Common Stock 1,940 $ 0 1,940 D  
Employee Stock Option (right to buy) $35.9 03/09/2012   M     1,766   (4) 02/25/2018 Common Stock 1,766 $ 0 3,533 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Arezone Joseph
C/O FARO TECHNOLOGIES INC.
250 TECHNOLOGY PARK
LAKE MARY, FL 32746
      SVP, ASIA PACIFIC REGION  

Signatures

 /s/ Keith S. Bair, as Attorney-in-Fact   03/13/2012
** Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Reflects the weighted average sale price. The range of prices for such transaction is $53.60-$53.71. 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.
(2) The option became vested as to 834 options on 3/12/10, 833 options on 03/12/11, and 833 options on 3/12/12.
(3) The option became vested as to 1,939 options on 03/01/11 and 1,940 options on 03/01/12. 1,940 options will vest on 03/01/13.
(4) The option became vested as to 1,766 options on 02/25/12. 1,766 options will vest on 02/25/13 and 1,767 options will vest on 02/25/13.

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XNAS:FARO Faro Technologies Inc Insider Activity 4 Filling

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XNAS:FARO Faro Technologies Inc Insider Activity 4 Filing - 3/9/2012
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