ALIGN TECHNOLOGY INC — Board/Management Information 2011

Feb 4, 2011

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) February 4, 2011

| ALIGN TECHNOLOGY,
INC . |
| --- |
| (Exact
Name of Registrant as Specified in Its Charter) |
| Delaware |
| (State
or Other Jurisdiction of
Incorporation) |

0-32259	94-3267295
(Commission File
Number)	(IRS Employer
Identification No.)

| 2560 Orchard Parkway, San Jose,
California | 95131 |
| --- | --- |
| (Address of
Principal Executive Offices) | (Zip
Code) |

| (408)
470-1000 |
| --- |
| (Registrant’s
Telephone Number, Including Area Code) |
| Not
applicable |
| (Former Name or
Former Address, if Changed Since Last
Report) |

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(e) On January 31, 2011, the Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”) authorized the payment of the annual incentive awards (cash bonuses) to the Company’s executive officers. On February 1, 2011, the Board of Directors approved the recommendation of the Compensation Committee with respect to the payment of an annual incentive award to the Company’s chief executive officer. The table below sets forth the annual incentive awards for the Company’s current named executive officers.

Name	Annual Incentive Award
Thomas
M. Prescott, President,
Chief Executive Officer and Director	$ 800,000
Kenneth
B. Arola, Vice
President, Finance and Chief Financial Officer	$ 233,816
Len M.
Hedge Senior
Vice President, Business Operations	$ 327,445
Sheila
Tan Vice
President, Marketing & Chief Marketing Officer	$ 226,673

In addition, an increase to the annual base salaries (effective as of January 1, 2011) of the Company’s executive officers was also approved. The table below sets forth the annual base salary levels for 2011 for the Company’s current named executive officers:

| Name | 2011
Base Salary |
| --- | --- |
| Thomas
M. Prescott, President,
Chief Executive Officer and Director | $ 575,000 |
| Kenneth
B. Arola, Vice
President, Finance and Chief Financial Officer | $ 326,970 |
| Len M.
Hedge Senior
Vice President, Business Operations | $ 360,180 |
| Sheila
Tan Vice
President, Marketing & Chief Marketing Officer | $ 306,189 |

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

| Dated: February
4, 2011 | |
| --- | --- |
| By: | /s/ Roger
E. George |
| | Roger
E. George |
| | Vice
President, Legal & Corporate Affairs, General Counsel and Corporate
Secretary |