HEDGE LEN 4
4 · ALIGN TECHNOLOGY INC · Filed Feb 20, 2013
Insider Transaction Report
Form 4
HEDGE LEN
SVP, Bus. Development
Transactions
- Conversion
Common Stock
2013-02-19+5,000→ 53,912 total - Tax Payment
Common Stock
2013-02-19$32.60/sh−2,609$85,053→ 51,303 total - Award
Restricted Stock Unit
2013-02-18−5,600→ 5,600 totalExercise: $0.00→ Common Stock (5,600 underlying) - Conversion
Common Stock
2013-02-18+18,200→ 58,410 total - Tax Payment
Common Stock
2013-02-18$32.73/sh−9,498$310,870→ 48,912 total - Award
Market Stock Unit
2013-02-18−12,600→ 8,400 totalExercise: $0.00→ Common Stock (12,600 underlying) - Award
Restricted Stock Unit
2013-02-19−5,000→ 5,000 totalExercise: $0.00→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]Represents par value of ALGN common stock.
- [F2]1/3rd of the restricted stock unit granted on February 18, 2011 became vested on February 18, 2013and shares were delivered to reporting person on February 19, 2013. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.
- [F3]50% of the market stock unit granted on February 18, 2011 became vested on February 18, 2013and shares were delivered to reporting person on February 19, 2013. The remaining 50% of the market stock unit will vest on February 18, 2014.
- [F4]1/4th of the restricted stock unit granted on February 19, 2010 became vested on February 19, 2013and shares were delivered to reporting person on that date. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.