SEC Form 4 · accession 0001288257-17-000014
ALIGN TECHNOLOGY INC · ALGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Lacob
Director
Period of report
May 17, 2017
Accepted (ET)
May 18, 2017 · 7:59 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 StockF1 | May 17, 2017 | M | 5,000 | $0.00 | A | 375,988 | I | Trust for reporting person |
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 UnitF2,F4 | $0.0001 | May 17, 2017 | A | 3,115 | A | — | — | Common Stock | 3,115 | 3,115 | D |
Explanation of responses
- F1The reporting person no longer has a reportable beneficial interest in 148,767 shares of ALGN common stock owned by the trust for the benefit of the reporting person's children and included in the reporting person's prior ownership reports.
- F2Represents 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 (1) one year after the date of grant or (2) 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.