ALIGN TECHNOLOGY INC 4
4 · ALIGN TECHNOLOGY INC · Filed Feb 24, 2016
Insider Transaction Report
Form 4
WHITE DAVID L
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2016-02-20−1,875→ 3,750 totalExercise: $0.00→ Common Stock (1,875 underlying) - Award
Restricted Stock Unit
2016-02-20+10,000→ 10,000 totalExercise: $0.00→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2016-02-20+8,750→ 14,839 total - Tax Payment
Common Stock
2016-02-20$63.29/sh−3,290$208,224→ 11,549 total - Exercise/Conversion
Restricted Stock Unit
2016-02-20−4,000→ 4,000 totalExercise: $0.00→ Common Stock (4,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2016-02-20−2,875→ 8,625 totalExercise: $0.00→ Common Stock (2,875 underlying) - Award
Market Stock Unit
2016-02-20+15,000→ 15,000 totalExercise: $0.00→ Common Stock (15,000 underlying)
Footnotes (7)
- [F1]Includes 453 shares issued on January 29, 2016 under the ALGN ESPP.
- [F2]Represents par value of ALGN common stock.
- [F3]1/4th of the restricted stock unit granted on February 20, 2014 became vested on February 20, 2016 and shares were delivered to reporting person on February 22, 2016. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.
- [F4]1/2 of the restricted stock unit granted on February 20, 2014 became vested on February 20, 2016 and shares were delivered to reporting person on February 22, 2016. 1/2 of the restricted stock unit will vest on February 20, 2017 and shares will be delivered to reporting person on such vest date.
- [F5]1/4th of the restricted stock unit granted on February 20, 2015 became vested on February 20, 2016 and shares were delivered to reporting person on February 22, 2016. 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, 2016 became vested on February 20, 2017 and shares were delivered to reporting person on such vest date. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.
- [F7]Represents the maximum number of shares which may be issued under the market stock unit. All of the shares which may be issued under 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).