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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Unit | $ 0.0001 (1) | 02/20/2008 | 02/20/2008 | A | 12,000 | (2) | (2) | Common Stock | 12,000 | $ 0 | 12,000 | D | |||
Restricted Stock Unit | $ 0.0001 (1) | 02/20/2008 | 02/20/2008 | A | 11,500 | (3) | (3) | Common Stock | 11,500 | $ 0 | 11,500 | D | |||
Right to Buy (Common Stock) | $ 13 | 02/20/2008 | 02/20/2008 | A | 35,000 | 02/20/2009(4) | 02/20/2018 | Common Stock | 35,000 | $ 0 | 35,000 | D | |||
Right to Buy (Common Stock) | $ 13 | 02/20/2008 | 02/20/2008 | A | 37,000 | 02/20/2010(5) | 02/20/2018 | Common Stock | 37,000 | $ 0 | 37,000 | D | |||
Restricted Stock Unit | $ 0.0001 (1) | 02/20/2008 | 02/20/2008 | C | 2,250 | (6) | (6) | Common Stock | 2,250 | $ 0 | 6,750 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Ellis Dan Scott C/O ALIGN TECHNOLOGY, INC. 881 MARTIN AVE SANTA CLARA, CA 95050 |
VP, WW Sales and Customer Care |
Roger E. George, Atty-in-Fact for Dan Scott Ellis | 02/22/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents par value of ALGN common stock |
(2) | 1/4 of the restricted stock unit will vest on February 20, 2009 and 1/16th of the restricted stock unit will vest each quarter thereafter. Vested shares will be delivered to the reporting person on each vest date. |
(3) | 1/3 of the restricted stock unit will vest on February 20, 2010 and 2/3 of the restricted stock unit will vest on February 20, 2011. Vested shares will be delivered to the reporting person on each vest date. |
(4) | Represents an option in which 25% of the shares subject to the option shall become vested and exercisable one year after the date of grant and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter. |
(5) | Represents an option in which 1/3 of the shares subject to the option shall become vested and exercisable on February 20, 2010 and 2/3 of the shares subject to the option shall become vested and exercisable on February 20, 2011. |
(6) | 1/4 of the restricted stock unit granted on February 20, 2007 became vested and exercisable on February 20, 2008 and shares were delivered to the reporting person on February 21, 2008. The restricted stock unit will continue to vest quarterly, and vested shares will be delivered to the reporting person on each vest date. |
(7) | Includes 857 shares acquired under the ALGN employee stock purchase plan in January 2008. |