ALIGN TECHNOLOGY INC — Director's Dealing 2022

Feb 24, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALIGN TECHNOLOGY INC (ALGN)
CIK: 0001097149
Period of Report: 2022-02-20

Reporting Person: Wright Emory (EVP, Global Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-20	Common Stock	M	10813	$0.00	Acquired	10813	Direct
2022-02-20	Common Stock	F	5834	$498.65	Disposed	4979	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-20	Restricted Stock Unit	$0.0001	M	525	Disposed		Common Stock (525)	Direct
2022-02-20	Market Stock Unit	$0.0001	M	8882	Disposed		Common Stock (8882)	Direct
2022-02-20	Restricted Stock Unit	$0.0001	M	595	Disposed		Common Stock (595)	Direct
2022-02-20	Restricted Stock Unit	$0.0001	M	543	Disposed		Common Stock (543)	Direct
2022-02-20	Restricted Stock Unit	$0.0001	M	268	Disposed		Common Stock (268)	Direct
2022-02-20	Restricted Stock Unit	$0.0001	A	1232	Acquired		Common Stock (1232)	Direct
2022-02-20	Market Stock Unit	$0.0001	A	6162	Acquired		Common Stock (6162)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	962	Indirect
Common Stock	2883	Indirect
Common Stock	2883	Indirect
Common Stock	2883	Indirect

Footnotes

F1: These shares are held by irrevocable trusts for the benefit of the children of reporting person. The reporting person is a co-trustee of each of the trusts.

F2: Represents par value of ALGN common stock.

F3: 1/4th of the restricted stock unit granted on February 20, 2018 became vested on February 20, 2022 and shares were delivered to reporting person on such vest date. 1/4th of the restricted stock unit will annually and shares will be delivered to reporting person on each vest date.

F4: The market stock unit granted February 20, 2019 became fully vested on February 20, 2022, and shares were delivered to reporting person on such vest date.

F5: 1/4th of the restricted stock unit granted on February 20, 2019 became vested on February 20, 2022 and shares were 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.

F6: 1/4th of the restricted stock unit granted on February 20, 2020 became vested on February 20, 2022 and shares were 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.

F7: 1/4th of the restricted stock unit granted on February 20, 2021 became vested on February 20, 2022 and shares were 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.

F8: 1/4th of the restricted stock unit granted on February 20, 2022 will become vested on February 20, 2023 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).