Pascaud Raphael 4
4 · ALIGN TECHNOLOGY INC · Filed Feb 22, 2018
Insider Transaction Report
Form 4
Pascaud Raphael
VP, International
Transactions
- Exercise/Conversion
Restricted Stock Unit
2018-02-20−1,225→ 0 totalExercise: $0.00→ Common Stock (1,225 underlying) - Tax Payment
Common Stock
2018-02-20$255.45/sh−13,325$3,403,871→ 35,587 total - Exercise/Conversion
Market Stock Unit
2018-02-20−18,000→ 0 totalExercise: $0.00→ Common Stock (18,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2018-02-20−3,000→ 3,000 totalExercise: $0.00→ Common Stock (3,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2018-02-20−1,900→ 5,700 totalExercise: $0.00→ Common Stock (1,900 underlying) - Exercise/Conversion
Common Stock
2018-02-20+28,350→ 48,912 total - Exercise/Conversion
Restricted Stock Unit
2018-02-20−3,000→ 6,000 totalExercise: $0.00→ Common Stock (3,000 underlying) - Award
Restricted Stock Unit
2018-02-20+2,100→ 2,100 totalExercise: $0.00→ Common Stock (2,100 underlying) - Exercise/Conversion
Restricted Stock Unit
2018-02-20−1,225→ 0 totalExercise: $0.00→ Common Stock (1,225 underlying) - Award
Market Stock Unit
2018-02-20+10,500→ 10,500 totalExercise: $0.00→ Common Stock (10,500 underlying)
Footnotes (9)
- [F1]Represents par value of ALGN common stock.
- [F2]Represents the maximum number of shares issued under the market stock unit granted on February 20, 2015. Shares were delivered to reporting person on February 20, 2018.
- [F3]1/4th of the restricted stock unit granted on February 20, 2014 became vested on February 20, 2018 and shares were delivered to reporting person on such vest date.
- [F4]1/4th of the restricted stock unit granted on February 20, 2014 became vested on February 20, 2018 and shares were 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, 2018 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.
- [F6]1/4th of the restricted stock unit granted on February 20, 2016 became vested on February 20, 2018 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]1/4th of the restricted stock unit granted on February 20, 2017 became vested on February 20, 2018 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.
- [F8]1/4th of the restricted stock unit granted on February 20, 2018 will become vested on February 20, 2019 and shares will be 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.
- [F9]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).