SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULES 13d-1(b), (c), AND (d)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2
(Amendment No. 8)*
Align Technology, Inc.
(Name of Issuer)
Common Stock, $0.0001 par value
(Title of Class of Securities)
016255101
(CUSIP Number)
December 31, 2013
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP NO. 016255101 | 13G | Page 2 of 12 Pages |
1 | NAMES OF REPORTING PERSONS
Llura L. Gund, individually and as trustee for the Dionis Trust, the Gordon Gund Grant Gund Trust, the Gordon Gund G. Zachary Gund Trust, the Anna Barrows Beakey 1998 Trust, the Katherine Barrows Dadagian 1998 Trust, and the Gordon and Llura Gund Foundation | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
1,140,000 | ||||
6 | SHARED VOTING POWER
1,450,572 | |||||
7 | SOLE DISPOSITIVE POWER
1,140,000 | |||||
8 | SHARED DISPOSITIVE POWER
1,450,572 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,590,572 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
x | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.2% | |||||
12 | TYPE OF REPORTING PERSON (See Instructions)
IN |
CUSIP NO. 016255101 | 13G | Page 3 of 12 Pages |
1 | NAMES OF REPORTING PERSONS
Grant Gund, individually, and as trustee for the Gordon Gund Grant Gund Generation Skipping Trust, the Llura Blair Gund Gift Trust, the Grant Owen Gund Gift Trust and the Kelsey Laidlaw Gund Gift Trust | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
351,666 | ||||
6 | SHARED VOTING POWER
1,201,773 | |||||
7 | SOLE DISPOSITIVE POWER
351,666 | |||||
8 | SHARED DISPOSITIVE POWER
1,201,773 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,553,439 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
¨ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.9% | |||||
12 | TYPE OF REPORTING PERSON (See Instructions)
IN |
CUSIP NO. 016255101 | 13G | Page 4 of 12 Pages |
1 | NAMES OF REPORTING PERSONS
G. Zachary Gund, individually, and as trustee for the Gordon Gund G. Zachary Gund Generation Skipping Trust, the G. Zachary Gund Descendants Trust and the Georgia Swift Gund Gift Trust | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
351,666 | ||||
6 | SHARED VOTING POWER
1,363,473 | |||||
7 | SOLE DISPOSITIVE POWER
351,666 | |||||
8 | SHARED DISPOSITIVE POWER
1,363,473 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,715,139 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
¨ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.1% | |||||
12 | TYPE OF REPORTING PERSON (See Instructions)
IN |
CUSIP NO. 016255101 | 13G | Page 5 of 12 Pages |
1 | NAMES OF REPORTING PERSONS
Gordon Gund, as trustee for the Dionis Trust and the Gordon and Llura Gund Foundation, and as sole manager of Gund CLAT Investments, LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
1,359,567 | ||||
6 | SHARED VOTING POWER
1,350,572 | |||||
7 | SOLE DISPOSITIVE POWER
1,359,567 | |||||
8 | SHARED DISPOSITIVE POWER
1,350,572 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,710,139 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
x | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.4% | |||||
12 | TYPE OF REPORTING PERSON (See Instructions)
IN |
CUSIP NO. 016255101 | 13G | Page 6 of 12 Pages |
1 | NAMES OF REPORTING PERSONS
Theodore W. Baker, as trustee for the Gordon Gund G. Zachary Gund Generation Skipping Trust and the Gordon Gund Grant Gund Generation Skipping Trust | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
-0- | ||||
6 | SHARED VOTING POWER
1,400,946 | |||||
7 | SOLE DISPOSITIVE POWER
-0- | |||||
8 | SHARED DISPOSITIVE POWER
1,400,946 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,400,946 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
¨ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.7% | |||||
12 | TYPE OF REPORTING PERSON (See Instructions)
IN |
CUSIP NO. 016255101 | 13G | Page 7 of 12 Pages |
1 | NAMES OF REPORTING PERSONS
Rebecca H. Dent, as trustee for the Gordon Gund Grant Gund Generation Skipping Trust, the Gordon Gund G. Zachary Gund Generation Skipping Trust, the Llura Blair Gund Gift Trust, the Grant Owen Gund Gift Trust, the Kelsey Laidlaw Gund Gift Trust, the Georgia Swift Gund Gift Trust and the G. Zachary Gund Descendants Trust | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
-0- | ||||
6 | SHARED VOTING POWER
2,565,246 | |||||
7 | SOLE DISPOSITIVE POWER
-0- | |||||
8 | SHARED DISPOSITIVE POWER
2,565,246 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,565,246 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
¨ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.2% | |||||
12 | TYPE OF REPORTING PERSON (See Instructions)
IN |
CUSIP NO. 016255101 | 13G | Page 8 of 12 Pages |
1 | NAMES OF REPORTING PERSONS
Gail Barrows, as trustee for the Anna Barrows Beakey 1998 Trust and the Katherine Barrows Dadagian 1998 Trust | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
-0- | ||||
6 | SHARED VOTING POWER
100,000 | |||||
7 | SOLE DISPOSITIVE POWER
-0- | |||||
8 | SHARED DISPOSITIVE POWER
100,000 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,000 | |||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
¨ | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1% | |||||
12 | TYPE OF REPORTING PERSON (See Instructions)
IN |
CUSIP NO. 016255101 | 13G | Page 9 of 12 Pages |
This Amendment No. 8 (Amendment No. 8) amends and supplements the Schedule 13G as originally filed by Llura L. Gund, Grant Gund, G. Zachary Gund, Gordon Gund, Richard T. Watson, Rebecca H. Dent, George Gund III and Gail Barrows on September 25, 2002, the Amendment No. 1 filed on November 25, 2002, the Amendment No. 2 filed on February 17, 2004, the Amendment No. 3 filed on February 14, 2005, the Amendment No. 4 filed on February 7, 2006, the Amendment No. 5 filed on February 14, 2007, the Amendment No. 6 filed on February 13, 2009 and the Amendment No. 7 filed on February 13, 2013 (as so amended, the Schedule 13G). Capitalized terms used but not defined in this Amendment No. 8 have the respective meaning ascribed to them in the Schedule 13G.
Item 2 (a) of the Schedule 13G, Identity and Background, is hereby amended by deleting the last paragraph thereof and inserting the following:
The Reporting Persons, in the aggregate, beneficially own 7,218,717 shares of Common Stock or 9.0% of the outstanding Common Stock of the Issuer based on 80,318,743 shares outstanding as of October 25, 2013 as reported in the Quarterly Report on Form 10-Q of the Issuer for the period ended September 30, 2013. Neither the fact of this filing nor anything contained herein shall be deemed to be an admission by any of the Reporting Persons that a group exists within the meaning of the Exchange Act.
Item 4 of the Schedule 13G, Ownership is hereby amended and restated in its entirety as follows:
Pursuant to the Exchange Act and regulations thereunder, the Reporting Persons may be deemed as a group to have acquired beneficial ownership of 7,218,717 shares of Common Stock, which represents 9.0% of the outstanding Common Stock of the Issuer.
Llura L. Gund may be deemed to have beneficial ownership in the aggregate of 2,590,572 shares of Common Stock, which constitutes 3.2% of the outstanding Common Stock of the Issuer. Of these shares, Llura L. Gund has sole power to vote and sole power to dispose of an aggregate of 1,140,000 shares of Common Stock by virtue of her individual ownership of 140,000 shares and her position as the sole trustee of certain trusts as listed below and may be deemed to have shared power to vote and shared power to dispose of 1,450,572 shares of Common Stock by virtue of her position as co-trustee of certain trusts as listed below:
Gordon Gund Grant Gund Trust (Ms. Gund serves as sole trustee) |
500,001 | |||
Gordon Gund G. Zachary Gund Trust (Ms. Gund serves as sole trustee) |
499,999 | |||
Dionis Trust (Ms. Gund serves as co-trustee with Gordon Gund) |
1,150,572 | |||
Anna Barrows Beakey 1998 Trust (Ms. Gund serves as co-trustee with Gail Barrows) |
50,000 | |||
Katherine Barrows Dadagian 1998 Trust (Ms. Gund serves as co-trusteewith Gail Barrows) |
50,000 | |||
Gordon and Llura Gund Foundation (Ms. Gund serves as co-trustee with Gordon Gund) |
200,000 |
In addition, Llura L. Gund may be deemed to have beneficial ownership of 1,359,567 shares beneficially owned by her spouse, Gordon Gund, as sole manager of Gund CLAT Investments, LLC, which represent 1.7% of the outstanding Common Stock of the Issuer. She disclaims beneficial ownership of these shares.
CUSIP NO. 016255101 | 13G | Page 10 of 12 Pages |
Grant Gund may be deemed to have beneficial ownership in the aggregate of 1,553,439 shares of Common Stock, which constitutes 1.9% of the outstanding Common Stock of the Issuer. Of these shares, Grant Gund has sole power to vote and sole power to dispose of 351,666 shares of Common Stock by virtue of his individual ownership of such shares and may be deemed to have shared power to vote and shared power to dispose of 1,201,773 shares of Common Stock by virtue of his position as co-trustee of certain trusts as listed below:
Gordon Gund Grant Gund Generation Skipping Trust (Mr. Grant Gund serves as co-trustee with Theodore W. Baker and Rebecca H. Dent) |
700,473 | |||
Llura Blair Gund Gift Trust (Mr. Grant Gund serves as co-trustee with Rebecca H. Dent) |
135,300 | |||
Grant Owen Gund Gift Trust (Mr. Grant Gund serves as co-trustee with Rebecca H. Dent) |
135,000 | |||
Kelsey Laidlaw Gund Gift Trust (Mr. Grant Gund serves as co-trusteewith Rebecca H. Dent) |
231,000 |
G. Zachary Gund may be deemed to have beneficial ownership in the aggregate of 1,715,139 shares of Common Stock, which constitutes 2.1% of the outstanding Common Stock of the Issuer. Of these shares, G. Zachary Gund has sole power to vote and sole power to dispose of 351,666 shares of Common Stock by virtue of his individual ownership of such shares and may be deemed to have shared power to vote and shared power to dispose of 1,363,473 shares by virtue of his position as co-trustee for certain trusts as indicated below:
Gordon Gund G. Zachary Gund Generation Skipping Trust (Mr. G. Zachary Gund serves as co-trustee with Theodore W. Baker and Rebecca H. Dent) |
700,473 | |||
G. Zachary Gund Descendants Trust (Mr. G. Zachary Gund serves as co-trustee with Rebecca H. Dent) |
660,000 | |||
Georgia Swift Gund Gift Trust (Mr. G. Zachary Gund serves as co-trustee with Rebecca H. Dent) |
3,000 |
Gordon Gund may be deemed to have beneficial ownership of 2,710,139 shares of Common Stock, which constitutes 3.4% of the outstanding Common Stock of the Issuer. Of these shares, Gordon Gund, as sole manager of Gund CLAT Investments, LLC, has sole power to vote and sole power to dispose of 1,359,567 shares of Common Stock and may be deemed to have shared power to vote and shared power to dispose of 1,350,572 shares of Common stock by virtue of his position as co-trustee with Llura L. Gund for certain trusts as indicated below.
Dionis Trust (Mr. Gund serves as co-trustee with Llura L. Gund) |
1,150,572 | |||
Gordon and Llura Gund Foundation (Mr. Gund serves as co-trustee with Llura L. Gund) |
200,000 |
In addition, he may be deemed to have beneficial ownership of 1,140,000 shares beneficially owned by Llura L. Gund, his spouse, which represent 1.4% of the outstanding Common Stock of the Issuer. He disclaims beneficial ownership of these shares.
CUSIP NO. 016255101 | 13G | Page 11 of 12 Pages |
Theodore W. Baker, as co-trustee with Grant Gund and Rebecca H. Dent for the Gordon Gund Grant Gund Generation Skipping Trust and as co-trustee with G. Zachary Gund and Rebecca H. Dent for the Gordon Gund G. Zachary Gund Generation Skipping Trust, may be deemed to have shared power to vote and shared power to dispose of 700,473 shares of Common Stock owned by each trust, for an aggregate beneficial ownership of 1,400,946 shares of Common Stock, which constitutes 1.7% of the outstanding Common Stock of the Issuer.
Rebecca H. Dent may be deemed to have shared power to vote and shared power to dispose of an aggregate of 2,565,246 shares of Common Stock, which constitutes 3.2% of the outstanding Common Stock of the Issuer, by virtue of her position as co-trustee for certain trusts as indicated below:
Gordon Gund Grant Gund Generation Skipping Trust (Ms. Dent serves as co-trustee with Grant Gund and Theodore W. Baker) |
700,473 | |||
Gordon Gund G. Zachary Gund Generation Skipping Trust (Ms. Dent serves as co-trustee with G. Zachary Gund and Theodore W. Baker) |
700,473 | |||
Llura Blair Gund Gift Trust (Ms. Dent serves as co-trustee with Grant Gund) |
135,300 | |||
Grant Owen Gund Gift Trust (Ms. Dent serves as co-trustee with Grant Gund) |
135,000 | |||
Kelsey Laidlaw Gund Gift Trust (Ms. Dent serves as co-trustee with Grand Gund) |
231,000 | |||
Georgia Swift Gund Gift Trust (Ms. Dent serves as co-trustee with G. Zachary Gund) |
3,000 | |||
G. Zachary Gund Descendants Trust (Ms. Dent serves as co-trustee with G. Zachary Gund) |
660,000 |
Gail Barrows, as co-trustee with Llura L. Gund for the Anna Barrows Beakey 1998 Trust and the Katherine Barrows Dadagian 1998 Trust, may be deemed to have shared power to vote and shared power to dispose of 50,000 shares of Common Stock owned by each trust, for an aggregate beneficial ownership of 100,000 shares of Common Stock, which constitutes 0.1% of the outstanding Common Stock of the Issuer.
George Gund III died on January 15, 2013. Prior to his death, he served as co-trustee with Grant Gund, Theodore W. Baker and Rebecca H. Dent for the Gordon Gund Grant Gund Generation Skipping Trust and as co-trustee with G. Zachary Gund, Theodore W. Baker and Rebecca H. Dent for the Gordon Gund G. Zachary Gund Generation Skipping Trust. At the time of his death, his interest in the shares of Common Stock with respect to which he formerly was deemed to hold voting and dispositive power terminated and the number of trustees for each trust on which he served as co-trustee was reduced to three.
CUSIP NO. 016255101 | 13G | Page 12 of 12 Pages |
Item 10. Certifications. (See Instructions)
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 13, 2014
/s/ Theodore W. Baker | ||
Name: Theodore W. Baker For Himself and as Attorney-in-Fact for the Reporting Persons |
* | The Power of Attorney authorizing Theodore W. Baker to act on behalf of the Reporting Persons was attached to the Schedule 13G as Exhibit B. |
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).