Filing Details
- Accession Number:
- 0001209191-21-013909
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-02-24 17:32:43
- Reporting Period:
- 2021-02-20
- Accepted Time:
- 2021-02-24 17:32:43
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1097149 | Align Technology Inc | ALGN | Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842) | 943267295 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1675043 | A Stuart Hockridge | C/O Align Technology Inc. 2820 Orchard Parkway San Jose CA 95131 | Svp Global Hr | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2021-02-20 | 10,503 | $0.00 | 20,346 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-02-20 | 4,901 | $599.25 | 15,445 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2021-02-24 | 4,622 | $573.07 | 10,823 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-02-24 | 980 | $574.20 | 9,843 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | Disposition | 2021-02-20 | 1,500 | $0.00 | 1,500 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2021-02-20 | 450 | $0.00 | 450 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2021-02-20 | 521 | $0.00 | 521 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2021-02-20 | 453 | $0.00 | 453 | $0.00 |
| Common Stock | Market Stock Unit | Disposition | 2021-02-20 | 7,579 | $0.00 | 7,579 | $0.00 |
| Common Stock | Restricted Stock Unit | Acquisiton | 2021-02-20 | 832 | $0.00 | 832 | $0.00 |
| Common Stock | Market Stock Unit | Acquisiton | 2021-02-20 | 4,160 | $0.00 | 4,160 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 450 | No | 4 | M | Direct | ||
| 1,042 | No | 4 | M | Direct | ||
| 1,358 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 832 | No | 4 | A | Direct | ||
| 4,160 | No | 4 | A | Direct |
Footnotes
- The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $572.74 to $573.73, inclusive. The reporting person undertakes to provide Align Technology, Inc., any security holder of Align Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $573.74 to $574.495, inclusive. The reporting person undertakes to provide Align Technology, Inc., any security holder of Align Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Represents par value of ALGN common stock.
- 1/4th of the restricted stock unit granted on February 20, 2017 became vested on February 20, 2021 and shares were delivered to reporting person on February 22, 2021.
- 1/4th of the restricted stock unit granted on February 20, 2018 became vested on February 20, 2021 and shares were delivered to reporting person on February 22, 2021. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.
- 1/4th of the restricted stock unit granted on February 20, 2019 became vested on February 20, 2021 and shares were delivered to reporting person on February 22, 2021. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.
- 1/4th of the restricted stock unit granted on February 20, 2020 vested on February 20, 2021 and shares were delivered to reporting person on February 22, 2021. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.
- The market stock unit granted on February 20, 2018 became fully vested on February 20, 2021. Shares were delivered to reporting person on February 22, 2021.
- 1/4th of the restricted stock unit granted on February 20, 2021 will become vested on February 20, 2022 and shares will be 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.
- 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).
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