Form 4 for ALGN Align Technology
Accepted 2023-02-23 00:00:00 ET · period of report 2023-02-20 · accession 0001209191-23-012421 · 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 | 2023-02-23 | 2023-02-20 | ALGN | Wright Emory | EVP, Gbl Ops | F - Tax | $316.71 | -1,834 | 6,516 | -22% | -$580.8K |
| D | 2023-02-23 | 2023-02-20 | ALGN | Wright Emory | EVP, Gbl Ops | M - OptEx | $0.00 | +3,371 | 8,350 | +68% | $0 |
| DM | 2023-02-23 | 2023-02-20 | ALGN | Wright Emory | EVP, Gbl Ops | M - OptEx | $0.00 | -3,371 | 0 | -100% | $0 |
| DM | 2023-02-23 | 2023-02-20 | ALGN | Wright Emory | EVP, Gbl Ops | A - Grant | $0.00 | +6,528 | 2,154 | 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 | 2023-02-20 | F | D | 1,834 | $316.71 | 6,516 | D | — | — | |
| 2 | Common | Common Stock | 2023-02-20 | M | A | 3,371 | $0.00 | 8,350 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2023-02-20 | M | D | 308 | $0.00 | 924 | D | $0.00 · — to — | 308 Common Stock | (F2) Represents par value of ALGN common stock. (F3) 1/4th of the restricted stock unit granted on February 20, 2022 became vested on February 20, 2023 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. |
| 4 | Derivative | Restricted Stock Unit | 2023-02-20 | M | D | 268 | $0.00 | 534 | D | $0.00 · — to — | 268 Common Stock | (F2) Represents par value of ALGN common stock. (F4) 1/4th of the restricted stock unit granted on February 20, 2021 became vested on February 20, 2023 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. |
| 5 | Derivative | Restricted Stock Unit | 2023-02-20 | M | D | 543 | $0.00 | 543 | D | $0.00 · — to — | 543 Common Stock | (F2) Represents par value of ALGN common stock. (F5) 1/4th of the restricted stock unit granted on February 20, 2020 became vested on February 20, 2023 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 | Market Stock Unit | 2023-02-20 | A | A | 4,374 | $0.00 | 4,374 | D | $0.00 · — to — | 4,374 Common Stock | (F2) Represents par value of ALGN 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). |
| 7 | Derivative | Market Stock Unit | 2023-02-20 | M | D | 1,657 | $0.00 | 0 | D | $0.00 · — to — | 1,657 Common Stock | (F2) Represents par value of ALGN common stock. (F7) The market stock unit granted February 20, 2020 became fully vested on February 20, 2023, and shares were delivered to reporting person on such vest date. |
| 8 | Derivative | Restricted Stock Unit | 2023-02-20 | A | A | 2,154 | $0.00 | 2,154 | D | $0.00 · — to — | 2,154 Common Stock | (F2) Represents par value of ALGN common stock. (F8) 1/4th of the restricted stock unit granted on February 20, 2023 will become vested on February 20, 2024 and shares will be delivered to reporting person on such vest date. 1/4th of the restricted stock unit will continue to vest annually thereafter and shares will be delivered to reporting person on each vest date. |
| 9 | Derivative | Restricted Stock Unit | 2023-02-20 | M | D | 595 | $0.00 | 0 | D | $0.00 · — to — | 595 Common Stock | (F2) Represents par value of ALGN common stock. (F6) 1/4th of the restricted stock unit granted on February 20, 2019 became vested on February 20, 2023 and shares were delivered to reporting person on such vest date. |