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ALIGN TECHNOLOGY INC — Director's Dealing 2023
Feb 23, 2023
30658_dirs_2023-02-23_b13666ba-f1ca-46b8-9e79-51879ed49cd7.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: 2023-02-20
Reporting Person: Coletti Julie Ann (EVP, Chief Legal & Regulatory)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-20 | Common Stock | M | 2600 | $0.00 | Acquired | 3731 | Direct |
| 2023-02-20 | Common Stock | F | 1153 | $316.71 | Disposed | 2578 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-20 | Restricted Stock Unit | $0.0001 | M | 292 | Disposed | Common Stock (292) | Direct | |
| 2023-02-20 | Restrictd Stock Unit | $0.0001 | M | 223 | Disposed | Common Stock (223) | Direct | |
| 2023-02-20 | Restricted Stock Unit | $0.0001 | M | 453 | Disposed | Common Stock (453) | Direct | |
| 2023-02-20 | Restricted Stock Unit | $0.0001 | M | 251 | Disposed | Common Stock (251) | Direct | |
| 2023-02-20 | Market Stock Unit | $0.0001 | M | 1381 | Disposed | Common Stock (1381) | Direct | |
| 2023-02-20 | Restricted Stock Unit | $0.0001 | A | 2154 | Acquired | Common Stock (2154) | Direct | |
| 2023-02-20 | Market Stock Unit | $0.0001 | A | 4374 | Acquired | Common Stock (4374) | Direct |
Footnotes
F1: Includes an aggregate of 165 shares acquired under the ALGN ESPP as follows: 106 shares acquired on July 30, 2021, 25 shares acquired on July 31, 2022 and 34 shares acquired on January 31, 2023.
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.
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.
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.
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.
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.
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 vest annually thereafter and shares will be delivered to reporting person on each vest date.
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).