ALIGN TECHNOLOGY INC — Director's Dealing 2010

Feb 25, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALIGN TECHNOLOGY INC (ALGN)
CIK: 0001097149
Period of Report: 2010-02-23

Reporting Person: Laks Gil (VP, International)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-23	Common Stock	M	3333	$8.38	Acquired	12570	Direct
2010-02-23	Common Stock	M	7562	$7.81	Acquired	20132	Direct
2010-02-23	Common Stock	M	10598	$13	Acquired	30730	Direct
2010-02-23	Common Stock	S	1700	$17.9	Disposed	29030	Direct
2010-02-23	Common Stock	S	1200	$17.89	Disposed	27830	Direct
2010-02-23	Common Stock	S	2800	$17.88	Disposed	25030	Direct
2010-02-23	Common Stock	S	1993	$17.87	Disposed	23037	Direct
2010-02-23	Common Stock	S	3300	$17.86	Disposed	19737	Direct
2010-02-23	Common Stock	S	3700	$17.85	Disposed	16037	Direct
2010-02-23	Common Stock	S	2100	$17.84	Disposed	13937	Direct
2010-02-23	Common Stock	S	1900	$17.83	Disposed	12037	Direct
2010-02-23	Common Stock	S	1900	$17.82	Disposed	10137	Direct
2010-02-23	Common Stock	S	333	$17.81	Disposed	9804	Direct
2010-02-23	Common Stock	S	567	$17.8	Disposed	9237	Direct
2010-02-24	Common Stock	C	782	—	Acquired	10019	Direct
2010-02-24	Common Stock	F	246	$18	Disposed	9773	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-23	Right to Buy (Common Stock)	$8.38	M	333	Disposed	2016-02-24	Common Stock (3333)	Direct
2010-02-23	Right to Buy (Common Stock)	$7.81	M	7562	Disposed	2019-02-20	Common Stock (7562)	Direct
2010-02-23	Right to Buy (Common Stock)	$13	M	10598	Disposed	2018-02-20	Common Stock (10598)	Direct
2010-02-24	Restricted Stock Unit	$0.0001	C	782	Disposed	2010-02-24	Common Stock (782)	Direct

Footnotes

F1: Represents par value of ALGN common stock

F2: 1/16th of the restricted stock unit granted on February 24, 2006 became vested on February 24, 2010 and shares were delivered to reporting person on such vest date.