Form 4 for ALGN Align Technology
Accepted 2022-02-24 00:00:00 ET · period of report 2022-02-20 · accession 0001209191-22-012822 · 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 | Morici John | EVP, CFO | F - Tax | $498.65 | -5,516 | 7,529 | -42% | -$2.75M |
| D | 2022-02-24 | 2022-02-20 | ALGN | Morici John | EVP, CFO | M - OptEx | $0.00 | +12.2K | 13.0K | +1,413% | $0 |
| DM | 2022-02-24 | 2022-02-20 | ALGN | Morici John | EVP, CFO | M - OptEx | $0.00 | -12.2K | 669 | -95% | $0 |
| DM | 2022-02-24 | 2022-02-20 | ALGN | Morici John | EVP, CFO | A - Grant | $0.00 | +9,342 | 1,557 | 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 | 5,516 | $498.65 | 7,529 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-20 | M | A | 12,183 | $0.00 | 13,045 | D | — | — | (F1) Includes 35 shares acquired under the ALGN ESPP on January 31, 2022. |
| 3 | Derivative | Market Stock Unit | 2022-02-20 | M | D | 9,992 | $0.00 | 0 | D | $0.00 · — to — | 9,992 Common Stock | (F2) Represents par value of ALGN 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. |
| 4 | Derivative | Market Stock Unit | 2022-02-20 | A | A | 7,785 | $0.00 | 7,785 | D | $0.00 · — to — | 7,785 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). |
| 5 | Derivative | Restricted Stock Unit | 2022-02-20 | M | D | 604 | $0.00 | 1,207 | D | $0.00 · — to — | 604 Common Stock | (F2) Represents par value of ALGN 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. |
| 6 | Derivative | Restricted Stock Unit | 2022-02-20 | M | D | 342 | $0.00 | 1,025 | D | $0.00 · — to — | 342 Common Stock | (F2) Represents par value of ALGN 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. |
| 7 | Derivative | Restricted Stock Unit | 2022-02-20 | A | A | 1,557 | $0.00 | 1,557 | D | $0.00 · — to — | 1,557 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. (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. |
| 8 | Derivative | Restricted Stock Unit | 2022-02-20 | M | D | 575 | $0.00 | 0 | D | $0.00 · — to — | 575 Common Stock | (F2) Represents par value of ALGN 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. |
| 9 | Derivative | Restricted Stock Unit | 2022-02-20 | M | D | 670 | $0.00 | 669 | D | $0.00 · — to — | 670 Common Stock | (F2) Represents par value of ALGN 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. |