SEC Form 4 · accession 0001288257-17-000008
ALIGN TECHNOLOGY INC · ALGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Warren S Thaler
Director
Period of report
May 17, 2017
Accepted (ET)
May 18, 2017 · 7:15 pm EDT
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 | May 17, 2017 | M | 5,000 | $0.00 | A | 47,400 | D | |
| Common StockF1 | holding | — | — | — | 88,584 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | $0.0001 | May 17, 2017 | M | 5,000 | D | — | — | Common Stock | 5,000 | 0 | D |
| Restricted Stock UnitF1,F4 | $0.0001 | May 17, 2017 | A | 3,115 | A | — | — | Common Stock | 3,115 | 3,115 | D |
Explanation of responses
- F1Represents shares held by the Thaler Family Trust for which the spouse of the reporting person is the trustee.
- F2Represents the par value of ALGN common stock.
- F3100% of the restricted stock unit granted on May 18, 2016 became vested on May 17, 2017 and shares were delivered to reporting person on May 17, 2017.
- F4100% of the restricted stock unit will become vested upon the earlier of (i) one year after the date of grant or (ii) the date of issuer's annual meeting of stockholders to be held in 2018. Shares will be delivered to reporting person on the vest date.