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

Role
EVP, Chief Legal & Regulatory
Signature
/s/ Julie Ann Coletti
Issuer symbol
ALGN
Transactions as of
20 Jul 2022
Net transactions value
-$84,817
Form type
4
Filing time
22 Jul 2022, 16:15:15 UTC
Previous filing
24 Feb 2022
Next filing
23 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALGN Common Stock Options Exercise $0 +706 +124% $0.000000 1,275 20 Jul 2022 Direct
transaction ALGN Common Stock Tax liability $84,817 -309 -24% $274.49 966 20 Jul 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 -386 -100% $0.000000* 0 20 Jul 2022 Common Stock 386 $0.000100 Direct F1, F2
transaction ALGN Restricted Stock Unit Options Exercise $0 -320 -50% $0.000000 320 20 Jul 2022 Common Stock 320 $0.000100 Direct F1, 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, 2022 and shares were delivered to reporting person on such vest date.
F3 1/4th of the restricted stock unit granted on July 1, 2019 became vested on July 20, 2020 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.