Emory Wright - 20 Feb 2023 Form 4 Insider Report for ALIGN TECHNOLOGY INC (ALGN)

Source evidence 5 source fields
Form type
4
Accepted by SEC
23 Feb 2023, 19:17:03 UTC
Previous filing
24 Feb 2022
Next filing
09 Feb 2024
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
/s/ Julie Coletti Attorney-in-Fact for Emory Wright

Key filing fact

Emory Wright filed Form 4 for ALIGN TECHNOLOGY INC (ALGN) on 23 Feb 2023.

Key facts

  • This page summarizes Emory Wright's Form 4 filing for ALIGN TECHNOLOGY INC (ALGN).
  • 9 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 23 Feb 2023, 19:17.

Change

  • Previous filing in this sequence was filed on 24 Feb 2022.
  • Current net transaction value: -$580,846.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ALGN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+3,371
Change %
+68%
Price
$0.000000
Shares after
8,350
Date
20 Feb 2023
Ownership
Direct
ALGN transaction

Common Stock

Tax liability

Transaction value
$580,846
Shares
-1,834
Change %
-22%
Price
$316.71
Shares after
6,516
Date
20 Feb 2023
Ownership
Direct
ALGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
962
Date
20 Feb 2023
Ownership
See Footnotes
Footnotes
F1
ALGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,883
Date
20 Feb 2023
Ownership
See Footnotes
Footnotes
F1
ALGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,883
Date
20 Feb 2023
Ownership
See Footnotes
Footnotes
F1
ALGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,883
Date
20 Feb 2023
Ownership
See Footnotes
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ALGN transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-308
Change %
-25%
Price
$0.000000
Shares after
924
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
308
Exercise price
$0.000100
Footnotes
F2, F3
ALGN transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-268
Change %
-33%
Price
$0.000000
Shares after
534
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
268
Exercise price
$0.000100
Footnotes
F2, F4
ALGN transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-543
Change %
-50%
Price
$0.000000
Shares after
543
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
543
Exercise price
$0.000100
Footnotes
F2, F5
ALGN transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-595
Change %
-100%
Price
$0.000000*
Shares after
0
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
595
Exercise price
$0.000100
Footnotes
F2, F6
ALGN transaction Derivative

Market Stock Unit

Options Exercise

Transaction value
$0
Shares
-1,657
Change %
-100%
Price
$0.000000*
Shares after
0
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,657
Exercise price
$0.000100
Footnotes
F2, F7
ALGN transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+2,154
Change %
Price
$0.000000
Shares after
2,154
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,154
Exercise price
$0.000100
Footnotes
F2, F8
ALGN transaction Derivative

Market Stock Unit

Award

Transaction value
$0
Shares
+4,374
Change %
Price
$0.000000
Shares after
4,374
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,374
Exercise price
$0.000100
Footnotes
F2, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

These shares are held by irrevocable trusts for the benefit of the children of reporting person. The reporting person is a co-trustee of each of the trusts.

Footnote F2

Represents par value of ALGN common stock.

Footnote F3

1/4th of the restricted stock unit granted on February 20, 2022 became vested on February 20, 2023 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.

Footnote F4

1/4th of the restricted stock unit granted on February 20, 2021 became vested on February 20, 2023 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.

Footnote F5

1/4th of the restricted stock unit granted on February 20, 2020 became vested on February 20, 2023 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.

Footnote F6

1/4th of the restricted stock unit granted on February 20, 2019 became vested on February 20, 2023 and shares were delivered to reporting person on such vest date.

Footnote F7

The market stock unit granted February 20, 2020 became fully vested on February 20, 2023, and shares were delivered to reporting person on such vest date.

Footnote F8

1/4th of the restricted stock unit granted on February 20, 2023 will become vested on February 20, 2024 and shares will be delivered to reporting person on such vest date. 1/4th of the restricted stock unit will continue to vest annually thereafter and shares will be delivered to reporting person on each vest date.

Footnote F9

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).

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .