Julie Ann Coletti - 20 Jul 2021 Form 4 Insider Report for ALIGN TECHNOLOGY INC (ALGN)

Signature
/s/ Julie Ann Colletti
Issuer symbol
ALGN
Transactions as of
20 Jul 2021
Net transactions value
-$192,717
Form type
4
Filing time
22 Jul 2021, 20:00:54 UTC
Next filing
06 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALGN Common Stock Options Exercise $0 +706 +170% $0.000000 1,121 20 Jul 2021 Direct
transaction ALGN Common Stock Tax liability $192,717 -313 -28% $615.71 808 20 Jul 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALGN Restricted Stock Unit Options Exercise $0 -386 -50% $0.000000 386 20 Jul 2021 Common Stock 386 $0.000100 Direct F1, F2
transaction ALGN Restricted Stock Unit Options Exercise $0 -320 -33% $0.000000 640 20 Jul 2021 Common Stock 320 $0.000100 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents par value of ALGN common stock.
F2 1/4th of the restricted stock unit granted on July 2, 2018 became vested on July 20, 2021 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.
F3 1/4th of the restricted stock unit granted on July 1, 2019 became vested on July 20, 2021 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.