SEC Form 4 · accession 0001234778-17-000003
ALIGN TECHNOLOGY INC · ALGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Lacob
Director
Period of report
Feb 27, 2017
Accepted (ET)
Feb 28, 2017 · 6:46 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 | Feb 27, 2017 | M | 10,000 | $22.67 | A | 410,988 | I | Trust for reporting person |
| Common Stock | Feb 27, 2017 | M | 10,000 | $16.01 | A | 420,988 | I | Trust for reporting person |
| Common StockF1 | Feb 27, 2017 | S | 40,000 | $102.4481 | D | 380,988 | I | Trust for reporting person |
| Common StockF2 | Feb 28, 2017 | S | 10,000 | $103.5508 | D | 370,988 | I | Trust for reporting person |
| Common Stock | holding | — | — | — | 148,767 | I | Trust for children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Right to Buy (Common Stock)F3 | $22.67 | Feb 27, 2017 | M | 10,000 | D | — | May 23, 2017 | Common Stock | 10,000 | 0 | D |
| Right to Buy (Common Stock)F4 | $16.01 | Feb 27, 2017 | M | 10,000 | D | — | May 20, 2017 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.18 to $102.83, inclusive. The reporting person undertakes to provide Align Technology, Inc., any security holder of Align Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.50 to $103.74, inclusive. The reporting person undertakes to provide Align Technology, Inc., any security holder of Align Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Represents an option that became fully vested and exercisable on May 15, 2008.
- F4Represents an option that became fully vested and exercisable on May 20, 2010.