SEC Form 4 · accession 0001601045-16-000017
ALIGN TECHNOLOGY INC · ALGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sreelakshmi Kolli
Officer — VP, Info Technology
Period of report
Dec 20, 2016
Accepted (ET)
Dec 21, 2016 · 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 | Dec 20, 2016 | M | 1,803 | $0.00 | A | 17,902 | D | |
| Common Stock | Dec 20, 2016 | F | 796 | $99.39 | D | 17,106 | D | |
| Common Stock | holding | — | — | — | 2,400 | I | Held jointly with spouse |
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 20, 2016 | M | 1,250 | D | — | — | Common Stock | 1,250 | 0 | D |
| Restricted Stock UnitF1,F3 | $0.0001 | Dec 20, 2016 | M | 553 | D | — | — | Common Stock | 553 | 553 | D |
Explanation of responses
- F1Represents par value of ALGN common stock
- F21/4th of the restricted stock unit granted on January 3, 2013 became vested on December 20, 2016 and shares were delivered to reporting person.
- F31/4th of the restricted stock unit granted on December 20, 2013 became vested on December 20, 2016 and shares were delivered to reporting person. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.