Hockridge Stuart A 4
4 · ALIGN TECHNOLOGY INC · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Hockridge Stuart A
EVP, GLOBAL HR
Transactions
- Tax Payment
Common Stock
2024-02-20$313.53/sh−1,139$357,111→ 9,674 total - Exercise/Conversion
Restricted Stock Unit
2024-02-20−419→ 1,256 totalExercise: $0.00→ Common Stock (419 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-02-20−208→ 208 totalExercise: $0.00→ Common Stock (208 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-02-20−452→ 0 totalExercise: $0.00→ Common Stock (452 underlying) - Award
Restricted Stock Unit
2024-02-20+1,674→ 1,674 totalExercise: $0.00→ Common Stock (1,674 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-02-20−227→ 454 totalExercise: $0.00→ Common Stock (227 underlying) - Award
Market Stock Unit
2024-02-20+3,399→ 3,399 totalExercise: $0.00→ Common Stock (3,399 underlying) - Award
Common Stock
2024-02-20+2,765→ 10,813 total - Exercise/Conversion
Market Stock Unit
2024-02-20−1,459→ 0 totalExercise: $0.00→ Common Stock (1,459 underlying)
Footnotes (9)
- [F1]Includes 51 shares acquired on July 31, 2023 and 89 shares acquired on January 31, 2024 under the ALGN Employee Stock Purchase Plan.
- [F2]Represents par value of ALGN common stock.
- [F3]1/4th of the restricted stock unit granted on February 20, 2020 became vested on February 20, 2024 and shares were delivered to reporting person on such vest date.
- [F4]1/4th of the restricted stock unit granted on February 20, 2021 became vested on February 20, 2024 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 such vest date.
- [F5]1/4th of the restricted stock unit granted on February 20, 2022 became vested on February 20, 2024 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 such vest date.
- [F6]1/4th of the restricted stock unit granted on February 20, 2023 became vested on February 20, 2024 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 such vest date.
- [F7]The market stock unit granted on February 20, 2021 vested on February 20, 2024 and shares were delivered to reporting person on such vest date.
- [F8]1/4th of the restricted stock unit granted on February 20, 2024 will become vested on February 20, 2025 and shares will be delivered to reporting person on such vest date. 1/4th of the restricted stock unit will vest annually thereafter and shares will be delivered to reporting person on each such vest date.
- [F9]Represents the number of shares which may be issued at target under the market stock unit. If performance exceeds target, the maximum number of shares that may vest is 250% of the at target amount. Vesting, if any, of the market stock unit occurs on the last day of the third year of the Performance Period (as defined in the market stock unit agreement).