Sec Form 13G Filing - GUND GORDON @ ALIGN TECHNOLOGY INC

Insider filing report for Changes in Beneficial Ownership

Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.

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SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 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. 14)

Align Technology, Inc.

(Name of Issuer)

Common Stock, $0.0001 par value per share

(Title of Class of Securities)

016255101

(CUSIP Number)

December 31, 2020

(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)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

*	The remainder of this cover page shall be filled out for a reporting person’s 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/A		Page 2 of 14 Pages


1	NAME OF REPORTING PERSONS Grant Gund, as trustee for the Gordon Gund—Grant Gund #2 Trust, the Grant Gund 1999 Trust, the Gordon Gund—Grant Gund GST Article III Trust, the Gordon Gund—Grant Gund GST Article III-A Trust, the Llura Blair Gund Gift Trust, the Grant Owen Gund Gift Trust, the Kelsey Laidlaw Gund Gift Trust and the 2011 Grant Gund Descendants’ Trust and as sole manager of OLK Investments LLC and OLK Brookfield LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
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 952,904
		6	SHARED VOTING POWER 218,507
		7	SOLE DISPOSITIVE POWER 952,904
		8	SHARED DISPOSITIVE POWER 218,507
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,171,411
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.5%
12	TYPE OF REPORTING PERSON IN


CUSIP NO. 016255101		13G/A		Page 3 of 14 Pages


1	NAME OF REPORTING PERSONS G. Zachary Gund, as trustee for the Gordon Gund—G. Zachary Gund #2 Trust, the Z Coppermine Trust, the Gordon Gund—G. Zachary Gund GST Article III Trust, the Gordon Gund—G. Zachary Gund GST Article III-A Trust, the G. Zachary Gund Descendants’ Trust and the Georgia Swift Gund Gift Trust and as sole manager of GCG Investments LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
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 1,045,788
		6	SHARED VOTING POWER 381,000
		7	SOLE DISPOSITIVE POWER 1,045,788
		8	SHARED DISPOSITIVE POWER 381,000
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,426,788
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.8%
12	TYPE OF REPORTING PERSON IN


CUSIP NO. 016255101		13G/A		Page 4 of 14 Pages


1	NAME OF REPORTING PERSONS Gordon Gund, as the sole t rustee for 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 (a) ☐ (b) ☒
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 1,277,892
		6	SHARED VOTING POWER 0
		7	SOLE DISPOSITIVE POWER 1,277,892
		8	SHARED DISPOSITIVE POWER 0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,277,892
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.6%
12	TYPE OF REPORTING PERSON IN


CUSIP NO. 016255101		13G/A		Page 5 of 14 Pages


1	NAME OF REPORTING PERSONS Rebecca H. Dent, as trustee for the Llura Blair Gund Gift Trust, the Grant Owen Gund Gift Trust, the Kelsey Laidlaw Gund Gift Trust, the Georgia Swift Gund Gift Trust, the G. Zachary Gund Descendants Trust and the 2011 Grant Gund Descendants’ Trust
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
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 599,507
		7	SOLE DISPOSITIVE POWER 0
		8	SHARED DISPOSITIVE POWER 599,507
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 599,507
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.8%
12	TYPE OF REPORTING PERSON IN


CUSIP NO. 016255101		13G/A		Page 6 of 14 Pages


1	NAME OF REPORTING PERSONS Gail Barrows, as trustee for the Anna Barrows Beakey 1998 Trust and the Katharine Barrows Dadagian 1998 Trust
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
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 33,334
		7	SOLE DISPOSITIVE POWER -0-
		8	SHARED DISPOSITIVE POWER 33,334
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,334
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.04%
12	TYPE OF REPORTING PERSON IN


CUSIP NO. 016255101		13G/A		Page 7 of 14 Pages


1	NAME OF REPORTING PERSONS Anna Barrows Beakey, as trustee for the Anna Barrows Beakey 1998 Trust
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
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 16,667
		7	SOLE DISPOSITIVE POWER -0-
		8	SHARED DISPOSITIVE POWER 16,667
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,667
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.02%
12	TYPE OF REPORTING PERSON IN


CUSIP NO. 016255101		13G/A		Page 8 of 14 Pages


1	NAME OF REPORTING PERSONS Katharine Barrows Dadagian, as trustee f or the Katharine Barrows Dadagian 1998 Trust
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
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 16,667
		7	SOLE DISPOSITIVE POWER -0-
		8	SHARED DISPOSITIVE POWER 16,667
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,667
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.02%
12	TYPE OF REPORTING PERSON IN


CUSIP NO. 016255101		13G/A		Page 9 of 14 Pages


1	NAME OF REPORTING PERSONS Dionis Trust
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Ohio
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5	SOLE VOTING POWER -0-
		6	SHARED VOTING POWER 226,250
		7	SOLE DISPOSITIVE POWER -0-
		8	SHARED DISPOSITIVE POWER 226,250
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 226,250
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.3%
12	TYPE OF REPORTING PERSON OO


CUSIP NO. 016255101		13G/A		Page 10 of 14 Pages


1	NAME OF REPORTING PERSONS Valentine Trust
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Ohio
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5	SOLE VOTING POWER -0-
		6	SHARED VOTING POWER 574,550
		7	SOLE DISPOSITIVE POWER -0-
		8	SHARED DISPOSITIVE POWER 574,550
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 574,550
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.7%
12	TYPE OF REPORTING PERSON IN


CUSIP NO. 016255101		13G/A		Page 11 of 14 Pages

This Amendment No. 14 (“Amendment No. 14”) 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, the Amendment No. 7 filed on February 13, 2013, the Amendment No. 8 filed on February 14, 2014, the Amendment No. 9 filed on February 9, 2016, the Amendment No. 10 filed on February 9, 2017, the Amendment No. 11 filed on February 8, 2018, the Amendment No. 12 filed on February 11, 2019 and the Amendment No. 13 filed on February 7, 2020 (as so amended, the “Schedule 13G”). Capitalized terms used but not defined in this Amendment No. 14 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 4,710,225 shares of Common Stock or 6.0% of the outstanding Common Stock of the Issuer based on 78,850,392 shares outstanding as of October 23, 2020 as reported in the Quarterly Report on Form 10-Q of the Issuer for the period ended September 30, 2020. 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 4,710,225 shares of Common Stock, which represents 6.0% of the outstanding Common Stock of the Issuer.

Grant Gund may be deemed to have beneficial ownership in the aggregate of 1,171,411 shares of Common Stock, which constitutes 1.5% of the outstanding Common Stock of the Issuer. Of these shares, Grant Gund has sole power to vote and sole power to dispose of an aggregate of 952,904 shares of Common Stock by virtue of his position as the sole manager or trustee or investment trustee of certain entities listed below and may be deemed to have shared power to vote and shared power to dispose of 218,507 shares of Common Stock by virtue of his position as co-trustee of certain trusts as listed below:


Gordon Gund—Grant Gund #2 Trust (Mr. Grant Gund serves as investment trustee)			305,379
Grant Gund 1999 Trust (Mr. Grant Gund serves as sole trustee)			122,160
OLK Investments LLC (Mr. Grant Gund serves as sole manager)			80,516
OLK Brookfield LLC (Mr. Grant Gund serves as sole manager)			25,500
Gordon Gund—Grant Gund GST Article III Trust (Mr. Grant Gund serves as investment trustee)			312,349
Gordon Gund—Grant Gund GST Article III-A Trust (Mr. Grant Gund serves as investment trustee)			107,000
Llura Blair Gund Gift Trust (Mr. Grant Gund serves as co-trustee with Rebecca H. Dent)			50,165
Grant Owen Gund Gift Trust (Mr. Grant Gund serves as co-trustee with Rebecca H. Dent)			50,165
Kelsey Laidlaw Gund Gift Trust (Mr. Grant Gund serves as co-trustee with Rebecca H. Dent)			70,670
2011 Grant Gund Descendants’ Trust (Mr. Grant Gund serves as co-trustee with Rebecca H. Dent)			47,507


CUSIP NO. 016255101		13G/A		Page 12 of 14 Pages

G. Zachary Gund may be deemed to have beneficial ownership in the aggregate of 1,426,788 shares of Common Stock, which constitutes 1.8% 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 1,045,788 shares of Common Stock by virtue of his position as the sole manager or trustee or investment trustee of certain entities listed below and may be deemed to have shared power to vote and shared power to dispose of 381,000 shares by virtue of his position as co-trustee for certain trusts as indicated below:


Gordon Gund—G. Zachary Gund #2 Trust (Mr. G. Zachary Gund serves as investment trustee)			377,999
Z Coppermine Trust (Mr. G. Zachary Gund serves as sole trustee)			176,066
GCG Investments LLC (Mr. G. Zachary Gund serves as sole manager)			17,750
Gordon Gund—G. Zachary Gund GST Article III Trust (Mr. G. Zachary Gund serves as investment trustee)			366,973
Gordon Gund—G. Zachary Gund GST Article III-A Trust (Mr. G. Zachary Gund serves as investment trustee)			107,000
G. Zachary Gund Descendants’ Trust (Mr. G. Zachary Gund serves as co-trustee with Rebecca H. Dent)			378,000
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 1,277,892 shares of Common Stock, which constitutes 1.6% of the outstanding Common Stock of the Issuer. Gordon Gund, as sole manager of Gund CLAT Investments, LLC and as sole trustee of the Gordon and Llura Gund Foundation, has sole power to vote and sole power to dispose of 1,277,892 shares of Common Stock.

Rebecca H. Dent may be deemed to have beneficial ownership in the aggregate of 599,507 shares of Common Stock, which constitutes 0.8% of the outstanding Common Stock of the Issuer. Of these shares, Rebecca H. Dent may be deemed to have shared power to vote and shared power to dispose of an aggregate of 599,507 shares of Common Stock by virtue of her position as co-trustee for certain trusts as indicated below:


Llura Blair Gund Gift Trust (Ms. Dent serves as co-trustee with Grant Gund)			50,165
Grant Owen Gund Gift Trust (Ms. Dent serves as co-trustee with Grant Gund)			50,165
Kelsey Laidlaw Gund Gift Trust (Ms. Dent serves as co-trustee with Grand Gund)			70,670
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)			378,000
2011 Grant Gund Descendants’ Trust (Ms. Dent serves as co-trustee with Grant Gund)			47,507

Gail Barrows may be deemed to have shared power to vote and shared power to dispose of 16,667 shares of Common Stock as co-trustee with Anna Barrows Beakey for the Anna Barrows Beakey 1998 Trust and 16,667 shares of Common Stock as co-trustee with Katharine Barrows Dadagian for the Katharine Barrows Dadagian 1998 Trust, for an aggregate beneficial ownership of 33,334 shares of Common Stock, which constitutes 0.04% of the outstanding Common Stock of the Issuer.


CUSIP NO. 016255101		13G/A		Page 13 of 14 Pages

Anna Barrows Beakey may be deemed to have beneficial ownership of and shared power to vote and shared power to dispose of 16,667 shares of Common Stock as co-trustee with Gail Barrows for the Anna Barrows Beakey 1998 Trust, which constitutes 0.02% of the outstanding Common Stock of the Issuer.

Katharine Barrows Dadagian may be deemed to have beneficial ownership of and shared power to vote and shared power to dispose of 16,667 shares of Common Stock as co-trustee with Gail Barrows for the Katharine Barrows Dadagian 1998 Trust, which constitutes 0.02% of the outstanding Common Stock of the Issuer.

The Dionis Trust may be deemed to have beneficial ownership of 226,250 shares of Common Stock, which constitutes 0.3% of the outstanding Common Stock of the Issuer. The Dionis Trust has shared power to vote and shared power to dispose of 226,250 shares of Common Stock.

The Valentine Trust may be deemed to have beneficial ownership of 574,550 shares of Common Stock, which constitutes 0.7% of the outstanding Common Stock of the Issuer. The Valentine Trust has shared power to vote and shared power to dispose of 574,550 shares of Common Stock.

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.


CUSIP NO. 016255101		13G/A		Page 14 of 14 Pages

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.

Dated: February 11, 2021



By:		/s/ Catherine Bird
		Name: Catherine Bird
		For herself and as Attorney-in-Fact for the Reporting Persons

*	The Power of Attorney authorizing Catherine Bird to act on behalf of the Reporting Persons was attached to the Schedule 13G as Exhibit A.

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).

Sec Form 13G Filing - GUND GORDON filing for ALIGN TECHNOLOGY INC (ALGN) - 2021-02-11