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ALIGN TECHNOLOGY INC — Director's Dealing 2013
Feb 20, 2013
30658_dirs_2013-02-20_aa51e2cf-d757-47ce-83b1-b2fe6ce4753f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALIGN TECHNOLOGY INC (ALGN)
CIK: 0001097149
Period of Report: 2013-02-18
Reporting Person: GEORGE ROGER E (VP,Leg. Affairs & Gen. Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-18 | Common Stock | C | 13000 | $0.00 | Acquired | 13351 | Direct |
| 2013-02-18 | Common Stock | F | 4887 | $32.73 | Disposed | 8464 | Direct |
| 2013-02-19 | Common Stock | C | 2833 | $0.00 | Acquired | 11297 | Direct |
| 2013-02-19 | Common Stock | F | 1065 | $32.60 | Disposed | 10232 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-18 | Restricted Stock Unit | $0.0001 | A | 4000 | Disposed | Common Stock (4000) | Direct | |
| 2013-02-18 | Market Stock Unit | $0.0001 | A | 9000 | Disposed | Common Stock (9000) | Direct | |
| 2013-02-19 | Restricted Stock Unit | $0.0001 | A | 2833 | Disposed | Common Stock (2833) | Direct |
Footnotes
F1: Includes 259 shares issued on July 31, 2012 and 92 shares issued on January 31, 2013 under the ALGN ESPP.
F2: Represents par value of ALGN common stock.
F3: 1/3rd of the restricted stock unit granted on February 18, 2011 became vested on February 18, 2013and shares were delivered to reporting person on February 19, 2013. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.
F4: 50% of the market stock unit granted on February 18, 2011 became vested on February 18, 2013and shares were delivered to reporting person on February 19, 2013. The remaining 50% of the market stock unit will vest on February 18, 2014.
F5: 1/4th of the restricted stock unit granted on February 19, 2010 became vested on February 19, 2013and shares were delivered to reporting person on that date. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.