ALIGN TECHNOLOGY INC — Director's Dealing 2021

Feb 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALIGN TECHNOLOGY INC (ALGN)
CIK: 0001097149
Period of Report: 2021-02-20

Reporting Person: Wright Emory (SVP, Global Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-20	Common Stock	M	12017	$0.00	Acquired	14073	Direct
2021-02-20	Common Stock	F	6484	$599.25	Disposed	7589	Direct
2021-02-23	Common Stock	G	2056	$0.00	Disposed	5533	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-20	Restricted Stock Unit	$0.0001	M	1750	Disposed		Common Stock (1750)	Direct
2021-02-20	Restricted Stock Unit	$0.0001	M	525	Disposed		Common Stock (525)	Direct
2021-02-20	Restricted Stock Unit	$0.0001	M	595	Disposed		Common Stock (595)	Direct
2021-02-20	Restricted Stock Unit	$0.0001	M	544	Disposed		Common Stock (544)	Direct
2021-02-20	Market Stock Unit	$0.0001	M	8603	Disposed		Common Stock (8603)	Direct
2021-02-20	Restricted Stock Unit	$0.0001	A	1070	Acquired		Common Stock (1070)	Direct
2021-02-20	Market Stock Unit	$0.0001	A	5350	Acquired		Common Stock (5350)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8928	Indirect
Common Stock	7087	Indirect

Footnotes

F1: Since the Reporting Person's last Form 4, an aggregate of 4,498 shares have been transferred from among the irrevocable trusts for the benefit of the Reporting Person's children. These shares are held in an irrevocable trust for the benefit of a minor child of the Reporting Person. The Reporting Person is a co-trustee of the each trust.

F2: Represents par value of ALGN common stock.

F3: 1/4th of the restricted stock unit granted on February 20, 2017 became vested on February 20, 2021 and shares were delivered to reporting person on February 22, 2021.

F4: 1/4th of the restricted stock unit granted on February 20, 2018 became vested on February 20, 2021 and shares were delivered to reporting person on February 22, 2021. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.

F5: 1/4th of the restricted stock unit granted on February 20, 2019 became vested on February 20, 2021 and shares were delivered to reporting person on February 22, 2021. 1/4th of 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, 2020 became vested on February 20, 2021 and shares were delivered to reporting person on February 22, 2021. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each vest date.

F7: The market stock unit granted on February 20, 2018 became fully vested on February 20, 2021. Shares were delivered to reporting person on February 22, 2021.

F8: 1/4th of the restricted stock unit granted on February 20, 2021 will become vested on February 20, 2022 and shares will be delivered to reporting person on such vest date. 1/4th of 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. 100% of 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).