Stuart Hockridge - Feb 20, 2022 Form 4 Insider Report for ALIGN TECHNOLOGY INC (ALGN)

Role: EVP Global HR
Signature: /s/ Julie Ann Coletti Attorney-in-Fact for Stuart Hockridge
Stock symbol: ALGN
Transactions as of: Feb 20, 2022
Transactions value $: -$2,130,731
Form type: 4
Date filed: 2/24/2022, 06:06 PM
Previous filing: Dec 28, 2021
Next filing: Feb 23, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALGN	Common Stock	Options Exercise	$0	+9.4K	+818.36%	$0.00	10.6K	Feb 20, 2022	Direct
transaction	ALGN	Common Stock	Tax liability	-$2.13M	-4.27K	-40.49%	$498.65	6.28K	Feb 20, 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	-450	-100%	$0.00^*	0	Feb 20, 2022	Common Stock	450	$0.00	Direct	F1
transaction	ALGN	Market Stock Unit	Options Exercise	$0	-7.77K	-100%	$0.00^*	0	Feb 20, 2022	Common Stock	7.77K	$0.00	Direct	F2
transaction	ALGN	Restricted Stock Unit	Options Exercise	$0	-521	-50%	$0.00	521	Feb 20, 2022	Common Stock	521	$0.00	Direct	F3
transaction	ALGN	Restricted Stock Unit	Options Exercise	$0	-453	-33.36%	$0.00	905	Feb 20, 2022	Common Stock	453	$0.00	Direct	F4
transaction	ALGN	Restricted Stock Unit	Options Exercise	$0	-208	-25%	$0.00	624	Feb 20, 2022	Common Stock	208	$0.00	Direct	F5
transaction	ALGN	Restricted Stock Unit	Award	$0	+908		$0.00	908	Feb 20, 2022	Common Stock	908	$0.00	Direct	F6
transaction	ALGN	Market Stock Unit	Award	$0	+4.54K		$0.00	4.54K	Feb 20, 2022	Common Stock	4.54K	$0.00	Direct	F7

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

Explanation of Responses:

Id	Content
F1	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.
F2	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.
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).