ALIGN TECHNOLOGY INC — Director's Dealing 2018

Feb 22, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALIGN TECHNOLOGY INC (ALGN)
CIK: 0001097149
Period of Report: 2018-02-20

Reporting Person: Puco Christopher C. (SVP, No. American Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-20	Common Stock	M	15200	$0.00	Acquired	15396	Direct
2018-02-20	Common Stock	F	6773	$255.45	Disposed	8623	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-20	Market Stock Unit	$0.0001	M	7500	Disposed		Common Stock (7500)	Direct
2018-02-20	Restricted Stock Unit	$0.0001	M	2875	Disposed		Common Stock (2875)	Direct
2018-02-20	Restricted Stock Unit	$0.0001	M	1250	Disposed		Common Stock (1250)	Direct
2018-02-20	Restricted Stock Unit	$0.0001	M	2125	Disposed		Common Stock (2125)	Direct
2018-02-20	Restricted Stock Unit	$0.0001	M	1450	Disposed		Common Stock (1450)	Direct
2018-02-20	Restricted Stock Unit	$0.0001	A	2100	Acquired		Common Stock (2100)	Direct
2018-02-20	Market Stock Unit	$0.0001	A	10500	Acquired		Common Stock (10500)	Direct

Footnotes

F1: Includes 80 shares acquired on July 31, 2017 under the ALGN ESPP and 116 shares acquired under the ALGN ESPP on January 31, 2018.

F2: Represents par value of ALGN common stock.

F3: Represents the maximum number of shares issued under the market stock unit granted on February 20, 2015. Shares were delivered to reporting person on February 20, 2018.

F4: 1/4th of the restricted stock unit granted on February 20, 2014 became vested on February 20, 2018 and shares were delivered to reporting person on such vest date.

F5: 1/4th of the restricted stock unit granted on February 20, 2015 became vested on February 20, 2018 and shares were delivered to reporting person on such vest date. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.

F6: 1/4th of the restricted stock unit granted on February 20, 2016 became vested on February 20, 2018 and shares were delivered to reporting person on such vest date. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.

F7: 1/4th of the restricted stock unit granted on February 20, 2017 became vested on February 20, 2018 and shares were delivered to reporting person on such vest date. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.

F8: 1/4th of the restricted stock unit granted on February 20, 2018 will become vested on February 20, 2019 and shares will be delivered to reporting person on such vest date. The restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.

F9: Represents the maximum number of shares which may be issued under the market stock unit. All of the shares which may be issued under the market stock unit will vest on the last day of the third year of the Performance Period (as defined in the market stock unit agreement).