Julie Ann Coletti - Feb 20, 2022 Form 4 Insider Report for ALIGN TECHNOLOGY INC (ALGN)

Role
EVP, Chief Legal & Regulatory
Signature
/s/ Julie Ann Coletti
Stock symbol
ALGN
Transactions as of
Feb 20, 2022
Transactions value $
-$199,959
Form type
4
Date filed
2/24/2022, 06:05 PM
Previous filing
Aug 6, 2021
Next filing
Jul 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALGN Common Stock Options Exercise $0 +927 +2155.81% $0.00 970 Feb 20, 2022 Direct F1
transaction ALGN Common Stock Tax liability -$200K -401 -41.34% $498.65 569 Feb 20, 2022 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 -251 -50% $0.00 251 Feb 20, 2022 Common Stock 251 $0.00 Direct F2, F3
transaction ALGN Restricted Stock Unit Options Exercise $0 -453 -33.36% $0.00 905 Feb 20, 2022 Common Stock 453 $0.00 Direct F2, F4
transaction ALGN Restricted Stock Unit Options Exercise $0 -223 -25.03% $0.00 668 Feb 20, 2022 Common Stock 223 $0.00 Direct F2, F5
transaction ALGN Restricted Stock Unit Award $0 +1.17K $0.00 1.17K Feb 20, 2022 Common Stock 1.17K $0.00 Direct F2, F6
transaction ALGN Market Stock Unit Award $0 +5.84K $0.00 5.84K Feb 20, 2022 Common Stock 5.84K $0.00 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 17 shares acquired under the ALGN ESPP on January 31, 2022.
F2 Represents par value of ALGN common stock.
F3 1/4th of the restricted stock unit granted on February 20, 2019 became vested on February 20, 2022 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.
F4 1/4th of the restricted stock unit granted on February 20, 2020 became vested on February 20, 2022 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.
F5 1/4th of the restricted stock unit granted on February 20, 2021 became vested on February 20, 2022 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 1/4th of the restricted stock unit granted on February 20, 2022 will become vested on February 20, 2023 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.
F7 Represents the maximum number of shares which may be issued under the market stock unit. 100% of 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).