Emory Wright - 20 Feb 2024 Form 4 Insider Report for ALIGN TECHNOLOGY INC (ALGN)

Role
EVP, GLOBAL OPERATIONS
Signature
/s/ Julie Ann Coletti, Attorney-in-Fact for Emory Wright
Issuer symbol
ALGN
Transactions as of
20 Feb 2024
Net transactions value
-$550,245
Form type
4
Filing time
22 Feb 2024, 19:51:12 UTC
Previous filing
09 Feb 2024
SEC
View on sec.gov

Key filing fact

Emory Wright filed Form 4 for ALIGN TECHNOLOGY INC (ALGN) on 22 Feb 2024.

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.
  • Filing timestamp: 22 Feb 2024, 19:51.

Change

  • Previous filing in this sequence was filed on 09 Feb 2024.
  • Current net transaction value: -$550,245.

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 transactions

ALGN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+3,533
Change %
+54%
Price
$0.000000
Shares after
10,049
Date
20 Feb 2024
Ownership
Direct
ALGN transaction

Common Stock

Tax liability

Transaction value
$550,245
Shares
-1,755
Change %
-17%
Price
$313.53
Shares after
8,294
Date
20 Feb 2024
Ownership
Direct
ALGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
709
Date
20 Feb 2024
Ownership
See Footnotes
Footnotes
F1
ALGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,126
Date
20 Feb 2024
Ownership
See Footnotes
Footnotes
F1
ALGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,126
Date
20 Feb 2024
Ownership
See Footnotes
Footnotes
F1
ALGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,126
Date
20 Feb 2024
Ownership
See Footnotes
Footnotes
F1

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

ALGN transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-543
Change %
-100%
Price
$0.000000*
Shares after
0
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
543
Exercise price
$0.000100
Footnotes
F2, F3
ALGN transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-267
Change %
-50%
Price
$0.000000
Shares after
267
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
267
Exercise price
$0.000100
Footnotes
F2, F4
ALGN transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-308
Change %
-33%
Price
$0.000000
Shares after
616
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
308
Exercise price
$0.000100
Footnotes
F2, F5
ALGN transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-539
Change %
-25%
Price
$0.000000
Shares after
1,615
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
539
Exercise price
$0.000100
Footnotes
F2, F6
ALGN transaction Derivative

Market Stock Unit

Options Exercise

Transaction value
$0
Shares
-1,876
Change %
-100%
Price
$0.000000*
Shares after
0
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,876
Exercise price
$0.000100
Footnotes
F2, F7
ALGN transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+2,152
Change %
Price
$0.000000
Shares after
2,152
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,152
Exercise price
$0.000100
Footnotes
F2, F8
ALGN transaction Derivative

Market Stock Unit

Award

Transaction value
$0
Shares
+4,370
Change %
Price
$0.000000
Shares after
4,370
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,370
Exercise price
$0.000100
Footnotes
F2, F9
An asterisk next to the price means the reported price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by irrevocable trusts for the benefit of the children and nephew of the reporting person. The reporting person is a co-trustee of each of these trusts.
F2 Represents par value of ALGN common stock.
F3 1/4th of the restricted stock unit granted on February 20, 2020 became vested on February 20, 2024 and shares were delivered to reporting person on such vest date.
F4 1/4th of the restricted stock unit granted on February 20, 2021 became vested on February 20, 2024 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 restricted stock unit granted on February 20, 2022 became vested on February 20, 2024 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, 2023 became vested on February 20, 2024 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.
F7 The market stock unit granted February 20, 2021 vested on February 20, 2024 and shares were delivered to reporting person on such vest date.
F8 1/4th of the restricted stock unit granted on February 20, 2024 will become vested on February 20, 2025 and shares will be 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 such vest date.
F9 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).
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