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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) January 9, 2007
ALIGN TECHNOLOGY, INC.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
0-32259 94-3267295
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(Commission File Number) (IRS Employer Identification No.)
881 Martin Avenue, Santa Clara, California 95050
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(Address of Principal Executive Offices) (Zip Code)
(408) 470-1000
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(Registrant's Telephone Number, Including Area Code)
Not applicable
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(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):
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS
On January 9, 2007, the Compensation Committee of the Board of Directors
of Align Technology, Inc. ("Align") authorized the payment of the annual
incentive awards (cash bonuses) to each of Align's executive officers (other
than the Chief Executive Officer) for fiscal 2006. On January 9, 2007, the Board
of Directors approved the recommendation of the Compensation Committee with
respect to the payment of the annual incentive award to Align's Chief Executive
Officer.
The following table sets forth the annual cash incentive awards paid to
its Named Executive Officers set forth in Align's Proxy Statement for its 2006
Annual Meeting of Stockholders filed with the Securities and Exchange Commission
on April 18, 2006:
ANNUAL
NAME INCENTIVE AWARD
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Thomas M. Prescott, $ 376,000
President, Chief Executive Officer and Director
Eldon M. Bullington, $ 153,360
Vice President, Finance and Chief Financial Officer
Len M. Hedge, $ 149,017
Vice President, Manufacturing
Roger E. George $ 156,000
Vice President, Legal and Corporate Affairs, and General Counsel and
Corporate Secretary
Gil Laks, $ 134,000
Vice President, International
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: January 12, 2007 ALIGN TECHNOLOGY, INC.
By: /s/ Eldon M. Bullington
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Eldon M. Bullington
Vice President of Finance and
Chief Financial Officer