Hockridge Stuart A 4
4 · ALIGN TECHNOLOGY INC · Filed Feb 24, 2025
Insider Transaction Report
Form 4
Hockridge Stuart A
EVP, GLOBAL HR
Transactions
- Exercise/Conversion
Restricted Stock Unit
2025-02-20−208→ 0 totalExercise: $0.00→ Common Stock (208 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-02-20−419→ 837 totalExercise: $0.00→ Common Stock (419 underlying) - Award
Market Stock Unit
2025-02-20+4,307→ 4,307 totalExercise: $0.00→ Common Stock (4,307 underlying) - Exercise/Conversion
Common Stock
2025-02-20+2,587→ 12,254 total - Exercise/Conversion
Restricted Stock Unit
2025-02-20−227→ 227 totalExercise: $0.00→ Common Stock (227 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-02-20−419→ 1,255 totalExercise: $0.00→ Common Stock (419 underlying) - Tax Payment
Common Stock
2025-02-20$198.06/sh−696$137,850→ 11,558 total - Exercise/Conversion
Market Stock Unit
2025-02-20−1,314→ 0 totalExercise: $0.00→ Common Stock (1,314 underlying) - Award
Restricted Stock Unit
2025-02-20+2,121→ 2,121 totalExercise: $0.00→ Common Stock (2,121 underlying)
Footnotes (8)
- [F1]Represents par value of ALGN common stock.
- [F2]1/4th of the restricted stock unit granted on February 20, 2021 became vested on February 20, 2025 and shares were delivered to reporting person on such vest date.
- [F3]1/4th of the restricted stock unit granted on February 20, 2022 became vested on February 20, 2025 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]The market stock unit granted on February 20, 2022 became vested on February 20, 2025 and shares were delivered to reporting person on such vest date.
- [F5]1/4th of the restricted stock unit granted on February 20, 2023 became vested on February 20, 2025 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, 2024 became vested on February 20, 2025 and shares were 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.
- [F7]1/4th of the restricted stock unit granted on February 20, 2025 will become vested on February 20, 2026 and shares will be delivered to reporting person on such date. 1/4th of restricted stock unit will vest annually thereafter and shares will be delivered to reporting person on such vest date.
- [F8]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).