ALIGN TECHNOLOGY INC — Director's Dealing 2016

Nov 15, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ALIGN TECHNOLOGY INC (ALGN)
CIK: 0001097149
Period of Report: 2016-11-07

Reporting Person: Kolli Sreelakshmi (VP, Info Technology)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16099	Direct
Common Stock	2400	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$0.0001		Common Stock (1250)		Direct
Restricted Stock Unit	$0.0001		Common Stock (2350)		Direct
Restricted Stock Unit	$0.0001		Common Stock (1106)		Direct
Restricted Stock Unit	$0.0001		Common Stock (4140)		Direct
Restricted Stock Unit	$0.0001		Common Stock (2598)		Direct
Restricted Stock Unit	$0.0001		Common Stock (5460)		Direct
Restricted Stock Unit	$0.0001		Common Stock (7609)		Direct

Footnotes

F1: This restricted stock unit was granted on January 2, 2013, and a portion of the restricted stock unit vested prior to the date reporting person became subject to Section 16. These shares will become vested on December 20, 2016 provided that reporting person is a service provider to the Company on such vest date, and shares will be delivered to reporting person on such vest date.

F2: Represents par value of ALGN Common Stock

F3: This restricted stock unit was granted on February 20, 2013, and a portion of the restricted stock unit vested prior to the date reporting person became subject to Section 16. These shares will become vested on February 20, 2107, provided that reporting person is a service provider to the Company on such vest date, and shares will be delivered to reporting person on such vest date.

F4: This restricted stock unit was granted on December 20, 2013 and portion of the restricted stock unit became subject to Section 16. One-half of the shares noted in column 3 will become vested on December 20, 2106, provided that reporting person is a service provider to the Company on such vest date, and shares will be delivered to reporting person on such vest date. The remaining shares will vest on December 20, 2017 and shares will be delivered to reporting person on such vest date.

F5: This restricted stock unit was granted on February 20, 2014, and a portion of the restricted stock unit vested prior to the date reporting person became subject to Section 16. One-half of the shares noted in column 3 will become vested on February 20, 2017, provided that reporting person is a service provider to the Company on such vest date, and shares will be delivered to reporting person on such vest date. The remaining shares will vest on February 20, 2018 and shares will be delivered to reporting person on such vest date.

F6: This restricted stock unit was granted on February 20, 2014, and a portion of the restricted stock unit vested prior to the date reporting person became subject to Section 16. The shares noted in column 3 will become vested on February 20, 2017, provided that reporting person is a service provided to the Company on such vest date, and shares will be delivered to reporting person on such vest date.

F7: This restricted stock unit was granted on February 20, 2015 and a portion of the restricted stock unit vested prior to the date reporting person became subject to Section 16. 1,820 of the shares noted in column 3 will become vested on February 20, 2017 provided that reporting person is a service provider to the Company on such vest date, and shares will be delivered to reporting person on such vest date. 1,820 of the remaining shares will vest annually thereafter, and vested shares will be delivered to reporting person on each vest date.

F8: 1/4th of the restricted stock unit granted on February 20, 2016 will become vested on February 20, 2017 and shares will be delivered to reporting person on such vest date. 1/4th of the restricted stock unit will vest annually thereafter, and shares will be delivered to reporting person on each vest date.