Beard Simon 4
4 · ALIGN TECHNOLOGY INC · Filed Feb 24, 2020
Insider Transaction Report
Form 4
Beard Simon
VP & Mgng Dir., EMEA
Transactions
- Exercise/Conversion
Market Stock Unit
2020-02-02−12,000→ 0 totalExercise: $0.00→ Common Stock (12,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2020-02-20−2,125→ 0 totalExercise: $0.00→ Common Stock (2,125 underlying) - Exercise/Conversion
Restricted Stock Unit
2020-02-20−450→ 900 totalExercise: $0.00→ Common Stock (450 underlying) - Exercise/Conversion
Restricted Stock Unit
2020-02-20+2,173→ 2,173 totalExercise: $0.00→ Common Stock (2,173 underlying) - Exercise/Conversion
Restricted Stock Unit
2020-02-20−1,500→ 1,500 totalExercise: $0.00→ Common Stock (1,500 underlying) - Exercise/Conversion
Restricted Stock Unit
2020-02-20−558→ 1,674 totalExercise: $0.00→ Common Stock (558 underlying) - Exercise/Conversion
Market Stock Unit
2020-02-20+11,030→ 11,030 totalExercise: $0.00→ Common Stock (11,030 underlying) - Exercise/Conversion
Common Stock
2020-02-20+16,633→ 30,276 total - Tax Payment
Common Stock
2020-02-20$272.49/sh−7,879$2,146,949→ 22,397 total
Footnotes (8)
- [F1]Represents par value of ALGN common stock.
- [F2]1/4th of the restricted stock unit granted on February 20, 2016 became vested on February 20, 2020 and shares were delivered to reporting person on such vest date.
- [F3]1/4th of the restricted stock unit granted on February 20, 2017 became vested on February 20, 2020 and shares were delivered to reporting person on such vest date. 1/4th of the restricted stock unit will annually and shares will be delivered to reporting person on each vest date.
- [F4]1/4th of the restricted stock unit granted on February 20, 2018 became vested on February 20, 2020 and shares were delivered to reporting person on such vest date. 1/4th of the restricted stock unit will annually and shares will be delivered to reporting person on each vest date.
- [F5]1/4th of the restricted stock unit granted on February 20, 2019 became vested on February 20, 2020 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 vest date.
- [F6]The market stock unit granted on February 20, 2017 became vested on February 20, 2020 and shares were delivered to reporting person on such vest date.
- [F7]1/4th of the restricted stock unit granted on February 20, 2020 will become vested on February 20, 2021 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.
- [F8]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).