Form 4 for ALGN Align Technology
Accepted 2022-02-24 00:00:00 ET · period of report 2022-02-20 · accession 0001209191-22-012819 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-24 | 2022-02-20 | ALGN | HOGAN JOSEPH M | Pres, CEO, Dir | F - Tax | $498.65 | -26.9K | 168.1K | -14% | -$13.40M |
| D | 2022-02-24 | 2022-02-20 | ALGN | HOGAN JOSEPH M | Pres, CEO, Dir | M - OptEx | $0.00 | +59.8K | 195.0K | +44% | $0 |
| DM | 2022-02-24 | 2022-02-20 | ALGN | HOGAN JOSEPH M | Pres, CEO, Dir | M - OptEx | $0.00 | -59.8K | 4,236 | -93% | $0 |
| DM | 2022-02-24 | 2022-02-20 | ALGN | HOGAN JOSEPH M | Pres, CEO, Dir | A - Grant | $0.00 | +44.8K | 37.3K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-20 | F | D | 26,875 | $498.65 | 168,101 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-20 | M | A | 59,836 | $0.00 | 194,976 | D | — | — | (F1) Includes 35 shares acquired under the ALGN ESPP on January 31, 2022. |
| 3 | Derivative | Restricted Stock Unit | 2022-02-20 | M | D | 2,400 | $0.00 | 0 | D | $0.00 · — to — | 2,400 Common Stock | (F3) 1/4th of the restricted stock unit granted on February 20, 2018 became vested on February 20, 2022 and shares were delivered to reporting person on such vest date. |
| 4 | Derivative | Market Stock Unit | 2022-02-20 | M | D | 49,958 | $0.00 | 0 | D | $0.00 · — to — | 49,958 Common Stock | (F4) The market stock unit granted February 20, 2019 became fully vested on February 20, 2022, and shares were delivered to reporting person on such vest date. |
| 5 | Derivative | Restricted Stock Unit | 2022-02-20 | M | D | 3,349 | $0.00 | 3,348 | D | $0.00 · — to — | 3,349 Common Stock | (F5) 1/4th of the restricted stock unit granted on February 20, 2019 became vested on February 20, 2022 and shares were delivered to reporting person on such vest date. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date. |
| 6 | Derivative | Restricted Stock Unit | 2022-02-20 | M | D | 2,716 | $0.00 | 5,432 | D | $0.00 · — to — | 2,716 Common Stock | (F6) 1/4th of the restricted stock unit granted on February 20, 2020 became vested on February 20, 2022 and shares were delivered to reporting person on such vest date. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date. |
| 7 | Derivative | Restricted Stock Unit | 2022-02-20 | M | D | 1,413 | $0.00 | 4,236 | D | $0.00 · — to — | 1,413 Common Stock | (F7) 1/4th of the restricted stock unit granted on February 20, 2021 became vested on February 20, 2022 and shares were delivered to reporting person on such vest date. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date. |
| 8 | Derivative | Restricted Stock Unit | 2022-02-20 | A | A | 7,460 | $0.00 | 7,460 | D | $0.00 · — to — | 7,460 Common Stock | (F8) 1/4th of the restricted stock unit granted on February 20, 2022 will become vested on February 20, 2023 and shares will be delivered to reporting person on such vest date. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date. |
| 9 | Derivative | Market Stock Unit | 2022-02-20 | A | A | 37,302 | $0.00 | 37,302 | D | $0.00 · — to — | 37,302 Common Stock | (F9) Represents the maximum number of shares which may be issued under the market stock unit. 100% of the market stock unit will vest on the last day of the third year of the Performance Period (as defined in the market stock unit agreement). |