John Morici - 20 Feb 2025 Form 4 Insider Report for ALIGN TECHNOLOGY INC (ALGN)

Signature
/s/ Julie Ann Coletti, Attorney-in-Fact for John Morici
Issuer symbol
ALGN
Transactions as of
20 Feb 2025
Net transactions value
-$298,873
Form type
4
Filing time
24 Feb 2025, 18:45:47 UTC
Previous filing
05 Apr 2024
Next filing
20 Feb 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALGN Common Stock Options Exercise $0 +4,539 +35% $0.000000 17,532 20 Feb 2025 Direct F1
transaction ALGN Common Stock Tax liability $298,873 -1,509 -8.6% $198.06 16,023 20 Feb 2025 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 -341 -100% $0.000000 0 20 Feb 2025 Common Stock 341 $0.000100 Direct F2, F3
transaction ALGN Restricted Stock Unit Options Exercise $0 -389 -50% $0.000000 389 20 Feb 2025 Common Stock 389 $0.000100 Direct F2, F4
transaction ALGN Market Stock Unit Options Exercise $0 -2,254 -100% $0.000000 0 20 Feb 2025 Common Stock 2,254 $0.000100 Direct F2, F5
transaction ALGN Restricted Stock Unit Options Exercise $0 -718 -33% $0.000000 1,436 20 Feb 2025 Common Stock 718 $0.000100 Direct F2, F6
transaction ALGN Restricted Stock Unit Options Exercise $0 -837 -25% $0.000000 2,511 20 Feb 2025 Common Stock 837 $0.000100 Direct F2, F7
transaction ALGN Restricted Stock Unit Award $0 +5,001 $0.000000 5,001 20 Feb 2025 Common Stock 5,001 $0.000100 Direct F2, F8
transaction ALGN Market Stock Unit Award $0 +10,153 $0.000000 10,153 20 Feb 2025 Common Stock 10,153 $0.000100 Direct F2, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1 share acquired on July 31, 2024 under the ALGN Employee Stock Purchase Plan.
F2 Represents par value of ALGN common stock.
F3 1/4th of the restricted stock unit granted on February 20, 2021 became vested on February 20, 2025 and shares were delivered to reporting person on such vest date.
F4 1/4th of the restricted stock unit granted on February 20, 2022 became vested on February 20, 2025 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 such vest date.
F5 The market stock unit granted on February 20, 2022 became vested on February 20, 2025 and shares were delivered to reporting person on such vest date.
F6 1/4th of the restricted stock unit granted on February 20, 2023 became vested on February 20, 2025 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 such vest date.
F7 1/4th of the restricted stock unit granted on February 20, 2024 became vested on February 20, 2025 and shares were 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 each such vest date.
F8 1/4th of the restricted stock unit granted on February 20, 2025 will become vested on February 20, 2026 and shares will be delivered to reporting person on such date. 1/4th of 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).