Form 4 for ALGN Align Technology
Accepted 2024-02-22 00:00:00 ET · period of report 2024-02-20 · accession 0001415889-24-004950 · 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 | HOGAN JOSEPH M | Pres AND CEO, Dir | F - Tax | $313.53 | -8,674 | 219.7K | -4% | -$2.72M |
| D | 2024-02-22 | 2024-02-20 | ALGN | HOGAN JOSEPH M | Pres AND CEO, Dir | M - OptEx | $0.00 | +19.6K | 228.3K | +9% | $0 |
| DM | 2024-02-22 | 2024-02-20 | ALGN | HOGAN JOSEPH M | Pres AND CEO, Dir | M - OptEx | $0.00 | -19.6K | 11.0K | -64% | $0 |
| DM | 2024-02-22 | 2024-02-20 | ALGN | HOGAN JOSEPH M | Pres AND CEO, Dir | A - Grant | $0.00 | +45.3K | 13.6K | 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 | F | D | 8,674 | $313.53 | 219,653 | D | — | — | |
| 2 | Common | Common Stock | 2024-02-20 | M | A | 19,574 | $0.00 | 228,327 | D | — | — | (F1) Includes 89 shares acquired on January 31, 2024 under the ALGN Employee Stock Purchase Plan. |
| 3 | Derivative | Restricted Stock Unit | 2024-02-20 | M | D | 2,716 | $0.00 | 0 | D | $0.00 · — to — | 2,716 Common Stock | (F3) Represents par value of ALGN common stock. (F4) 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 | 1,412 | $0.00 | 1,412 | D | $0.00 · — to — | 1,412 Common Stock | (F3) Represents par value of ALGN common stock. (F5) 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 such vest date. |
| 5 | Derivative | Restricted Stock Unit | 2024-02-20 | M | D | 1,865 | $0.00 | 3,730 | D | $0.00 · — to — | 1,865 Common Stock | (F3) Represents par value of ALGN common stock. (F6) 1/4th of the restricted stock unit granted on February 20, 2022 became vested on February 20, 2924 and shares were delivered to reporting person. 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 | 31,707 | $0.00 | 31,707 | D | $0.00 · — to — | 31,707 Common Stock | (F3) Represents par value of ALGN common stock. (F10) 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 | 9,908 | $0.00 | 0 | D | $0.00 · — to — | 9,908 Common Stock | (F3) Represents par value of ALGN common stock. (F8) 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. |
| 8 | Derivative | Restricted Stock Unit | 2024-02-20 | A | A | 13,588 | $0.00 | 13,588 | D | $0.00 · — to — | 13,588 Common Stock | (F3) Represents par value of ALGN common stock. (F9) 1/14th 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 date. 1/14th of 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 | 3,673 | $0.00 | 11,017 | D | $0.00 · — to — | 3,673 Common Stock | (F3) Represents par value of ALGN common stock. (F7) 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. |