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ALIGN TECHNOLOGY INC — Director's Dealing 2024
Feb 22, 2024
30658_dirs_2024-02-22_143911cc-d2bf-44ab-b866-240cff78e302.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: 2024-02-20
Reporting Person: Morici John (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-20 | Common Stock | A | 4450 | — | Acquired | 14834 | Direct |
| 2024-02-20 | Common Stock | F | 1835 | $313.53 | Disposed | 12999 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-20 | Restricted Stock Unit | $0.0001 | M | 603 | Disposed | Common Stock (603) | Direct | |
| 2024-02-20 | Restricted Stock Unit | $0.0001 | M | 342 | Disposed | Common Stock (342) | Direct | |
| 2024-02-20 | Restricted Stock Unit | $0.0001 | M | 389 | Disposed | Common Stock (389) | Direct | |
| 2024-02-20 | Restricted Stock Unit | $0.0001 | M | 718 | Disposed | Common Stock (718) | Direct | |
| 2024-02-20 | Market Stock Unit | $0.0001 | M | 2398 | Disposed | Common Stock (2398) | Direct | |
| 2024-02-20 | Restricted Stock Unit | $0.0001 | A | 3348 | Acquired | Common Stock (3348) | Direct | |
| 2024-02-20 | Market Stock Unit | $0.0001 | A | 6798 | Acquired | Common Stock (6798) | Direct |
Footnotes
F1: Includes 88 shares acquired from the ALGN Employee Stock Purchase Plan on January 31, 2024.
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. 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.
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.
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.
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.
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.
F8: 1/4th of the restricted stock unit granted on February 20, 2024 shall 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.
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).