Coletti Julie Ann 4
4 · ALIGN TECHNOLOGY INC · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Coletti Julie Ann
EVP, CHIEF LEGAL & REGULATORY
Transactions
- Exercise/Conversion
Restricted Stock Unit
2024-02-20−223→ 222 totalExercise: $0.00→ Common Stock (223 underlying) - Award
Common Stock
2024-02-20+3,069→ 5,914 total - Tax Payment
Common Stock
2024-02-20$313.53/sh−1,269$397,870→ 4,645 total - Exercise/Conversion
Restricted Stock Unit
2024-02-20−539→ 1,615 totalExercise: $0.00→ Common Stock (539 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-02-20−452→ 0 totalExercise: $0.00→ Common Stock (452 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-02-20−292→ 583 totalExercise: $0.00→ Common Stock (292 underlying) - Exercise/Conversion
Market Stock Unit
2024-02-20−1,563→ 0 totalExercise: $0.00→ Common Stock (1,563 underlying) - Award
Restricted Stock Unit
2024-02-20+2,391→ 2,391 totalExercise: $0.00→ Common Stock (2,391 underlying) - Award
Market Stock Unit
2024-02-20+4,855→ 4,855 totalExercise: $0.00→ Common Stock (4,855 underlying)
Footnotes (9)
- [F1]Includes 47 shares acquired on July 31,2023 and 50 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. 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.
- [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 vest on February 20, 2025 and shares will be delivered to reporting person on such vest date. 1/14th 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).