Form 4 for ALGN Align Technology
Accepted 2024-02-22 00:00:00 ET · period of report 2024-02-20 · accession 0001415889-24-004944 · 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 | Hockridge Stuart A | EVP Gbl HR | A - Grant | $0.00 | +2,765 | 10.8K | +34% | $0 |
| D | 2024-02-22 | 2024-02-20 | ALGN | Hockridge Stuart A | EVP Gbl HR | F - Tax | $313.53 | -1,139 | 9,674 | -11% | -$357.1K |
| DM | 2024-02-22 | 2024-02-20 | ALGN | Hockridge Stuart A | EVP Gbl HR | M - OptEx | $0.00 | -2,765 | 454 | -86% | $0 |
| DM | 2024-02-22 | 2024-02-20 | ALGN | Hockridge Stuart A | EVP Gbl HR | A - Grant | $0.00 | +5,073 | 3,399 | 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 | A | A | 2,765 | $0.00 | 10,813 | D | — | — | (F1) Includes 51 shares acquired on July 31, 2023 and 89 shares acquired on January 31, 2024 under the ALGN Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2024-02-20 | F | D | 1,139 | $313.53 | 9,674 | D | — | — | |
| 3 | Derivative | Market Stock Unit | 2024-02-20 | M | D | 1,459 | $0.00 | 0 | D | $0.00 · — to — | 1,459 Common Stock | (F2) Represents par value of ALGN common stock. (F7) The market stock unit granted on February 20, 2021 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 | 452 | $0.00 | 0 | D | $0.00 · — to — | 452 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. |
| 5 | Derivative | Restricted Stock Unit | 2024-02-20 | M | D | 208 | $0.00 | 208 | D | $0.00 · — to — | 208 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 such vest date. |
| 6 | Derivative | Restricted Stock Unit | 2024-02-20 | M | D | 419 | $0.00 | 1,256 | D | $0.00 · — to — | 419 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 such vest date. |
| 7 | Derivative | Restricted Stock Unit | 2024-02-20 | M | D | 227 | $0.00 | 454 | D | $0.00 · — to — | 227 Common Stock | (F2) Represents par value of ALGN common stock. (F5) 1/4th of the 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 such vest date. |
| 8 | Derivative | Restricted Stock Unit | 2024-02-20 | A | A | 1,674 | $0.00 | 1,674 | D | $0.00 · — to — | 1,674 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 each such vest date. |
| 9 | Derivative | Market Stock Unit | 2024-02-20 | A | A | 3,399 | $0.00 | 3,399 | D | $0.00 · — to — | 3,399 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). |