Sec Form 4 Filing - Twomey Richard M.L. @ ALIGN TECHNOLOGY INC - 2012-07-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Twomey Richard M.L.
2. Issuer Name and Ticker or Trading Symbol
ALIGN TECHNOLOGY INC [ ALGN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP, International
(Last) (First) (Middle)
C/O ALIGN TECHNOLOGY INC., 2560 ORCHARD PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
07/20/2012
(Street)
SAN JOSE, CA95131
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/20/2012 07/20/2012 C 7,500 A $ 0 7,500 D
Common Stock 07/20/2012 07/20/2012 F 2,695 D $ 34.18 4,805 D
Common Stock 07/24/2012 07/24/2012 M 5,625 A $ 14.27 10,430 D
Common Stock 07/24/2012 07/24/2012 M 782 A $ 20.79 11,212 D
Common Stock 07/24/2012 07/24/2012 S 11,212 D $ 33.004 ( 1 ) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit $ 0.0001 ( 2 ) 07/20/2012 07/20/2012 C 7,500 ( 3 ) ( 3 ) Common Stock 7,500 $ 0 7,500 D
Right to Buy (Common Stock) $ 14.27 07/24/2012 07/24/2012 M 5,625 07/20/2011 07/20/2018 Common Stock 5,625 $ 0 45,000 D
Right to Buy (Common Stock) $ 20.79 07/24/2012 07/24/2012 M 782 02/18/2012 02/18/2018 Common Stock 782 $ 0 8,073 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Twomey Richard M.L.
C/O ALIGN TECHNOLOGY INC.
2560 ORCHARD PARKWAY
SAN JOSE, CA95131
VP, International
Signatures
Roger E. George, Atty-in-Fact for Richard Twomey 07/24/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at ranging from $33.00 to $33.04, inclusive. The reporting person undertakes to provide Align Technology, Inc., any security holder of Align Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
( 2 )Represents par value of ALGN common stock
( 3 )1/4th of the restricted stock unit granted on July 12,2010 became vested on July 20, 2012 and shares were delivered to reporting person on such vest date. The restricted stock unit will continue to vest annually.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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