Julie Ann Coletti - 20 Feb 2022 Form 4 Insider Report for ALIGN TECHNOLOGY INC (ALGN)

Role: EVP, Chief Legal & Regulatory
Signature: /s/ Julie Ann Coletti
Issuer symbol: ALGN
Transactions as of: 20 Feb 2022
Net transactions value: -$199,959
Form type: 4
Filing time: 24 Feb 2022, 18:05:01 UTC
Previous filing: 06 Aug 2021
Next filing: 22 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALGN	Common Stock	Options Exercise	$0	+927	+2156%	$0.000000	970	20 Feb 2022	Direct	F1
transaction	ALGN	Common Stock	Tax liability	$199,959	-401	-41%	$498.65	569	20 Feb 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ALGN	Restricted Stock Unit	Options Exercise	$0	-251	-50%	$0.000000	251	20 Feb 2022	Common Stock	251	$0.000100	Direct	F2, F3
transaction	ALGN	Restricted Stock Unit	Options Exercise	$0	-453	-33%	$0.000000	905	20 Feb 2022	Common Stock	453	$0.000100	Direct	F2, F4
transaction	ALGN	Restricted Stock Unit	Options Exercise	$0	-223	-25%	$0.000000	668	20 Feb 2022	Common Stock	223	$0.000100	Direct	F2, F5
transaction	ALGN	Restricted Stock Unit	Award	$0	+1,167		$0.000000	1,167	20 Feb 2022	Common Stock	1,167	$0.000100	Direct	F2, F6
transaction	ALGN	Market Stock Unit	Award	$0	+5,837		$0.000000	5,837	20 Feb 2022	Common Stock	5,837	$0.000100	Direct	F2, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 17 shares acquired under the ALGN ESPP on January 31, 2022.
F2	Represents par value of ALGN common stock.
F3	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.
F4	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.
F5	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.
F6	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.
F7	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).