FARO TECHNOLOGIES, INC. (NASDAQ:FARO) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to Vote of Security Holders.
In its Current Report on Form 8-K filed on May17, 2017, FARO Technologies, Inc. (the “Company”) reported the results of the Company’s Annual Meeting of Shareholders held on May12, 2017 (the “Meeting”). At the Meeting, the Company’s shareholders approved, on an advisory basis, an annual advisory vote on the compensation of the Company’s named executive officers. In line with this recommendation by the Company’s shareholders, the Board of Directors of the Company has decided that it will include an advisory shareholder vote on the compensation of its named executive officers in its proxy materials every year until the next required advisory vote on the frequency of shareholder votes on named executive officer compensation, which will occur no later than the Company’s Annual Meeting of Shareholders in 2023.
About FARO TECHNOLOGIES, INC. (NASDAQ:FARO)
FARO Technologies, Inc. designs, develops, manufactures, markets and supports software driven, three-dimensional (3-D) measurement, imaging and realization systems. The Company operates in three segments: Americas, Europe/Africa and Asia-Pacific. The Company sells its products through a direct sales force across a number of customers in a range of manufacturing, industrial, architecture, surveying, building construction and law enforcement applications. Its FaroArm, FARO Laser ScanArm, FARO Gage, FARO Laser Tracker, FARO Cobalt Array 3D Imager AMP, and their companion CAM2 software provide for Computer-Aided Design (CAD)-based inspection and/or factory-level statistical process control and surveying. The Company’s FARO Focus3D and FARO Freestyle3D laser scanners, and their companion SCENE, FARO public safety software and FARO 3D software, are utilized for a variety of 3D modeling, documentation and high-density surveying applications.
