SEC Form 4 · accession 0001233163-17-000001
ALIGN TECHNOLOGY INC · ALGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M Hogan
Officer — President and CEO · Director
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 5:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001097149
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 31, 2016 | M | 27,750 | $0.00 | A | 41,020 | D | |
| Common Stock | Dec 31, 2016 | F | 14,400 | $96.13 | D | 26,620 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | $0.0001 | Dec 31, 2016 | M | 27,750 | D | — | — | Common Stock | 27,750 | 55,500 | D |
Explanation of responses
- F1Represents par value of ALGN common stock
- F21/4th of the restricted stock unit granted on June 1, 2015 became vested on December 31, 2016 and shares were delivered to reporting person on January 3, 2017. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.