Company: ALGN
Filing Date: 2025-03-27
Form Type: PRE 14A
Source: 0001097149-25-000016
Chunk: 53

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-03-27
Form: PRE 14A
Chunk 53
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 target value of the equity awards granted to our NEOs is shown below, along with the number of shares granted, including the target number of shares under the MSUs. The realized value of the shares on vesting will deviate based on changes in our stock price on the dates of vesting over four years for our RSUs and the TSR of our stock as compared to the Nasdaq Composite Index on February 15 th of the third year after the original year of grant of our MSUs.

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The table below sets forth the target value and number of shares of common stock awarded to the NEOs in fiscal year 2024:

| Name             |     | Target Value 
 (RSUs)       |           |     | RSU      
 (Shares) |        |     | Target Value 
 (MSUs)(1)    |           |     | Target MSUs(1) 
 (Shares)       |        |
|:-----------------|:----|:-------------|----------:|:----|:---------|-------:|:----|:-------------|----------:|:----|:---------------|-------:|
| Joseph M. Hogan  |     | $            | 3,750,000 |     |          | 13,588 |     | $            | 8,750,000 |     |                | 31,707 |
| John F. Morici   |     | $            |   924,000 |     |          |  3,348 |     | $            | 1,876,000 |     |                |  6,798 |
| Emory Wright     |     | $            |   594,000 |     |          |  2,152 |     | $            | 1,206,000 |     |                |  4,370 |
| Julie Coletti    |     | $            |   660,000 |     |          |  2,391 |     | $            | 1,340,000 |     |                |  4,855 |
| Stuart Hockridge |     | $            |   462,000 |     |          |  1,674 |     | $            |   938,000 |     |                |  3,399 |

(1) T he number of MSUs set forth in this column represents the number of shares at target; however, the actual number of shares