UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Raab, Simon
c/o FARO Technologies, Inc.
125 Technology Park
Lake Mary, FL 32746
USA
2. Issuer Name and Ticker or Trading Symbol
FARO Technologies, Inc.
FARO
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
April 1998
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chairman of the Board, President, and Chief Executive Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock, par value $.0|04/27/|J | |2,765,785 (1) |D |N/A |2,765,795 |I |Note (2) |
01 |98 | | | | | | | | |
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(1) Transferred from the Xe| | | | | | | | | |
non Research, Inc. Irrevoca| | | | | | | | | |
ble Trust of 1997 UTD | | | | | | | | | |
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12/31/97 of which Wilmingto| | | | | | | | | |
n Trust Company was the Tru| | | | | | | | | |
stee, and Xenon | | | | | | | | | |
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Research, Inc. was the sole| | | | | | | | | |
beneficiary effective Apri| | | | | | | | | |
l 27, 1998, when the | | | | | | | | | |
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Trust was dissolved. Simon| | | | | | | | | |
Raab and Diana Raab, his s| | | | | | | | | |
pouse, are the sole | | | | | | | | | |
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shareholders of Xenon Resea| | | | | | | | | |
rch, Inc. | | | | | | | | | |
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<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option |$13.20 |N/A | | | | |09/13|09/13|Common Stock|26,666 | | | | |
(Right to Buy) | | | | | | |/98 |/07 | | | | | | |
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| | | | | | |09/13|09/13|Common Stock|26,667 | | | | |
| | | | | | |/99 |/07 | | | | | | |
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| | | | | | |09/13|09/13|Common Stock|26,667 | |80,000 |D | |
| | | | | | |/00 |/07 | | | | | | |
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Employee Stock Option |$12.75 |02/17|A |V| 100,000 |A |02/17|02/17|Common Stock|100,000| |100,000 |D | |
(Right to Buy) | |/98 | | | | |/98 |/08 | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
Note (2): Represents shares owned by Xenon Research, Inc. All of the
outstanding capital stock of Xenon
Research, Inc. is owned by Simon Raab and Diana Raab, his
spouse.
SIGNATURE OF REPORTING PERSON
Simon Raab
DATE
05/08/98
