Form 4 for ALGN Align Technology
Accepted 2024-02-22 00:00:00 ET · period of report 2024-02-20 · accession 0001415889-24-004942 · 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 | 2024-02-22 | 2024-02-20 | ALGN | Wright Emory | EVP, Gbl Ops | M - OptEx | $0.00 | +3,533 | 10.0K | +54% | $0 |
| D | 2024-02-22 | 2024-02-20 | ALGN | Wright Emory | EVP, Gbl Ops | F - Tax | $313.53 | -1,755 | 8,294 | -17% | -$550.2K |
| DM | 2024-02-22 | 2024-02-20 | ALGN | Wright Emory | EVP, Gbl Ops | M - OptEx | $0.00 | -3,533 | 1,615 | -69% | $0 |
| DM | 2024-02-22 | 2024-02-20 | ALGN | Wright Emory | EVP, Gbl Ops | A - Grant | $0.00 | +6,522 | 2,152 | 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 | 2024-02-20 | M | A | 3,533 | $0.00 | 10,049 | D | — | — | |
| 2 | Common | Common Stock | 2024-02-20 | F | D | 1,755 | $313.53 | 8,294 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2024-02-20 | M | D | 543 | $0.00 | 0 | D | $0.00 · — to — | 543 Common Stock | (F2) Represents par value of ALGN common stock. (F3) 1/4th of the restricted stock unit granted on February 20, 2020 became vested on February 20, 2024 and shares were delivered to reporting person on such vest date. |
| 4 | Derivative | Restricted Stock Unit | 2024-02-20 | M | D | 267 | $0.00 | 267 | D | $0.00 · — to — | 267 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, 2024 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 | 2024-02-20 | M | D | 308 | $0.00 | 616 | D | $0.00 · — to — | 308 Common Stock | (F2) Represents par value of ALGN common stock. (F5) 1/4th of restricted stock unit granted on February 20, 2022 became vested on February 20, 2024 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 | 2024-02-20 | A | A | 4,370 | $0.00 | 4,370 | D | $0.00 · — to — | 4,370 Common Stock | (F2) Represents par value of ALGN common stock. (F9) Represents the number of shares which may be issued at target under the market stock unit. If performance exceeds target, the maximum number of shares that may vest is 250% of the at target amount. Vesting, if any, of the market stock unit occurs 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 | 2024-02-20 | M | D | 1,876 | $0.00 | 0 | D | $0.00 · — to — | 1,876 Common Stock | (F2) Represents par value of ALGN common stock. (F7) The market stock unit granted February 20, 2021 vested on February 20, 2024 and shares were delivered to reporting person on such vest date. |
| 8 | Derivative | Restricted Stock Unit | 2024-02-20 | A | A | 2,152 | $0.00 | 2,152 | D | $0.00 · — to — | 2,152 Common Stock | (F2) Represents par value of ALGN common stock. (F8) 1/4th of the restricted stock unit granted on February 20, 2024 will become vested on February 20, 2025 and shares will be delivered to reporting person on such vest date. 1/4th of the restricted stock unit will vest annually thereafter and shares will be delivered to reporting person on such vest date. |
| 9 | Derivative | Restricted Stock Unit | 2024-02-20 | M | D | 539 | $0.00 | 1,615 | D | $0.00 · — to — | 539 Common Stock | (F2) Represents par value of ALGN common stock. (F6) 1/4th of the restricted stock unit granted on February 20, 2023 became vested on February 20, 2024 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. |