AMENDMENT #2 TO SCHEDULE 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13G/A

 

 

Under the Securities Exchange Act of 1934

Amendment No. 2

 

 

 

 

 

Align Technology, Inc.


(Name of Issuer)

 

 

Common Stock, par value $.0001 per share


(Title of Class of Securities)

 

 

016255101


                                (CUSIP Number)                                

 

 

May 25, 2004


(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)

 

x Rule 13d-1(d)


CUSIP No. 016255101   13G   Page 2 of 16 pages

 


  1.  

Name of Reporting Persons:

I.R.S. Identification Nos. of above persons (entities only):

 

            Carlyle Partners III, L.P.

            52-2229944

   

  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:

 

            Delaware

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5.    Sole Voting Power

 

                -0-


  6.    Shared Voting Power

 

                2,535,930


  7.    Sole Dispositive Power

 

                -0-


  8.    Shared Dispositive Power

 

                2,535,930


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

            2,535,930

   

10.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

¨

            N/A

   

11.  

Percent of Class Represented by Amount in Row (11):

 

            4.25%

   

12.  

Type of Reporting Person (See Instructions):

 

            PN

   


CUSIP No. 016255101   13G   Page 3 of 16 pages

 


  1.  

Name of Reporting Persons:

I.R.S. Identification Nos. of above persons (entities only):

 

            CP III Coinvestment, L.P.

            54-1970037

   

  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:

 

            Delaware

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5.    Sole Voting Power

 

                -0-


  6.    Shared Voting Power

 

                65,360


  7.    Sole Dispositive Power

 

                -0-


  8.    Shared Dispositive Power

 

                65,360


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

            65,360

   

10.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

¨

            N/A

   

11.  

Percent of Class Represented by Amount in Row (11):

 

            0.11%

   

12.  

Type of Reporting Person (See Instructions):

 

            PN

   


CUSIP No. 016255101   13G   Page 4 of 16 pages

 


  1.  

Name of Reporting Persons:

I.R.S. Identification Nos. of above persons (entities only):

 

            TC Group III, L.P.

            52-2287893

   

  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:

 

            Delaware

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5.    Sole Voting Power

 

                -0-


  6.    Shared Voting Power

 

                2,601,290


  7.    Sole Dispositive Power

 

                -0-


  8.    Shared Dispositive Power

 

                2,601,290


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

            2,601,290

   

10.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

¨

            N/A

   

11.  

Percent of Class Represented by Amount in Row (11):

 

            4.36%

   

12.  

Type of Reporting Person (See Instructions):

 

            PN

   


CUSIP No. 016255101   13G   Page 5 of 16 pages

 

 


  1.  

Name of Reporting Persons:

I.R.S. Identification Nos. of above persons (entities only):

 

            TC Group III, L.L.C.

            N/A

   

  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:

 

            Delaware

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5.    Sole Voting Power

 

                -0-


  6.    Shared Voting Power

 

                2,601,290


  7.    Sole Dispositive Power

 

                -0-


  8.    Shared Dispositive Power

 

                2,601,290


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

            2,601,290

   

10.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

¨

            N/A

   

11.  

Percent of Class Represented by Amount in Row (11):

 

            4.36%

   

12.  

Type of Reporting Person (See Instructions):

 

            OO (Limited Liability Company)

   


CUSIP No. 016255101   13G   Page 6 of 16 pages

 

 


  1.  

Name of Reporting Persons:

I.R.S. Identification Nos. of above persons (entities only):

 

            TC Group, L.L.C.

            54-1686957

   

  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:

 

            Delaware

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5.    Sole Voting Power

 

                -0-


  6.    Shared Voting Power

 

                2,601,290


  7.    Sole Dispositive Power

 

                -0-


  8.    Shared Dispositive Power

 

                2,601,290


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

            2,601,290

   

10.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

¨

            N/A

   

11.  

Percent of Class Represented by Amount in Row (11):

 

            4.36%

   

12.  

Type of Reporting Person (See Instructions):

 

            OO (Limited Liability Company)

   


CUSIP No. 016255101   13G   Page 7 of 16 pages

 


  1.  

Name of Reporting Persons:

I.R.S. Identification Nos. of above persons (entities only):

 

            TCG Holdings, L.L.C.

            54-1686011

   

  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:

 

            Delaware

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5.    Sole Voting Power

 

                -0-


  6.    Shared Voting Power

 

                2,601,290


  7.    Sole Dispositive Power

 

                -0-


  8.    Shared Dispositive Power

 

                2,601,290


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

            2,601,290

   

10.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

¨

            N/A

   

11.  

Percent of Class Represented by Amount in Row (11):

 

            4.36%

   

12.  

Type of Reporting Person (See Instructions):

 

            OO (Limited Liability Company)

   


Item 1.

 

(a)

   Name of Issuer:          
         Align Technology, Inc..          
   

(b)

   Address of Issuer’s Principal Executive Offices:          
         851 Martin Avenue, Santa Clara, California 95050.          

Item 2.

 

(a)

   Name of Person Filing:          
         Carlyle Partners III, L.P., a Delaware limited partnership          
         CP III Coinvestment, L.P., a Delaware limited partnership          
         TC Group III, L.P., a Delaware limited partnership          
         TC Group III, L.L.C., a Delaware limited liability company          
         TC Group, L.L.C., a Delaware limited liability company          
         TCG Holdings, L.L.C., a Delaware limited liability company.          
   

(b)

   Address of Principal Business Office or, if none, Residence:          
         c/o The Carlyle Group          
         1001 Pennsylvania Avenue, N.W.,          
         Suite 220 South,          
         Washington, D.C. 20004-2505.          
   

(c)

   Citizenship:          
         Carlyle Partners III, L.P., a Delaware limited partnership          
         CP III Coinvestment, L.P., a Delaware limited partnership          
         TC Group III, L.P., a Delaware limited partnership          
         TC Group III, L.L.C., a Delaware limited liability company          
         TC Group, L.L.C., a Delaware limited liability company          
         TCG Holdings, L.L.C., a Delaware limited liability company.          
   

(d)

   Title of Class of Securities:          
         Common Stock, par value $.0001 per share          

 

Page 8 of 16 pages


(e) CUSIP Number:

 

016255101

 

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

Not Applicable.

 

Item 4. Ownership

 

Reporting Person:


   Amount
beneficially
owned:


   Percent
of class:


    Sole power to
vote or direct
the vote:


   Shared power
to vote or to
direct the vote:


   Sole power to
dispose or to
direct the
disposition of:


   Shared power
to dispose or to
direct the
disposition of:


TCG Holdings, L.L.C.

   2,601,290    4.36 %   0    2,601,290    0    2,601,290

TC Group, L.L.C.

   2,601,290    4.36 %   0    2,601,290    0    2,601,290

TC Group III, L.L.C.

   2,601,290    4.36 %   0    2,601,290    0    2,601,290

TC Group III, L.P.

   2,601,290    4.36 %   0    2,601,290    0    2,601,290

Carlyle Partners III, L.P.

   2,535,930    4.25 %   0    2,535,930    0    2,535,930

CP III Coinvestment, L.P.

   65,360    0.11 %   0    65,360    0    65,360

 

Each of the entities listed below is the record owners of the number of shares of Common Stock, par value $0.0001 per share, of Align Technology, Inc. (the “Common Stock”) set forth opposite such entities name below:

 

Record Holders


   Shares Held of Record

Carlyle Partners III, L.P.

   2,535,930

CP III Coinvestment, L.P.

   65,360

 

TC Group III, L.P. is the sole general partner of Carlyle Partners III, L.P. and CP III Coinvestment, L.P. TC Group III, L.L.C. is the sole general partner of TC Group III, L.P. TC Group, L.L.C. is the sole managing member of TC Group III, L.L.C. TCG Holdings, L.L.C. is the sole managing member of TC Group, L.L.C. Accordingly, (i) TC Group III, L.P. and TC Group III, L.L.C. each may be deemed to be a beneficial owner of shares of Common Stock owned of record by each of Carlyle Partners III, L.P. and CP III Coinvestment, L.P.; and (ii) TC Group, L.L.C. and TCG Holdings, L.L.C. each may be deemed to be a beneficial owner of the shares of Common Stock owned of record by Carlyle Partners III, L.P. and CP III Coinvestment, L.P.

 

William E. Conway, Jr., Daniel A D’Aniello and David M. Rubenstein are managing members (the “TCG Holdings Managing Members”) of TCG Holdings, L.L.C. and, in such capacity, may be deemed to share beneficial ownership of shares of Common Stock beneficially owned by TCG Holdings, L.L.C. Such individuals expressly disclaim any such beneficial ownership. Each of the TCG Holdings Managing Members is a citizen and resident of the United States.

 

Item 5. Ownership of Five Percent or Less of a Class

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.

 

Page 9 of 16 pages


Item 6.

   Ownership of More than Five Percent on Behalf of Another Person.          
     Not Applicable.          

Item 7.

   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
     Not Applicable.

Item 8.

   Identification and Classification of Members of the Group          
     Not Applicable.          

Item 9.

   Notice of Dissolution of Group          
     Not Applicable.          

Item 10.

   Certifications          
     Not Applicable.          

 

Page 10 of 16 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: June 3, 2004

 

CARLYLE PARTNERS III, L.P.
By:  

TC Group III, L.P., its General Partner

By:  

TC Group III, L.L.C., its General Partner

By:

 

TC Group, L.L.C., its Managing Member

By:

 

TCG Holdings, L.L.C., its Managing Member

By:  

 

/s/    William E. Conway, Jr.        


Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

CP III COINVESTMENT, L.P.
By:  

TC Group III, L.P., its General Partner

By:

 

TC Group III, L.L.C., its General Partner

By:

 

TC Group, L.L.C., its Managing Member

By:

 

TCG Holdings, L.L.C., its Managing Member

By:  

 

/s/    William E. Conway, Jr.        


Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

TC GROUP III, L.P.
By:  

TC Group III, L.L.C., its General Partner

By:

 

TC Group, L.L.C., its Managing Member

By:

 

TCG Holdings, L.L.C., its Managing Member

By:  

 

/s/    William E. Conway, Jr.        


Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

TC GROUP III, L.L.C.
By:  

TC Group, L.L.C., its Managing Member

By:

 

TCG Holdings, L.L.C., its Managing Member

By:  

 

/s/    William E. Conway, Jr.        


Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

Page 11 of 16 pages


TC GROUP, L.L.C.
By:  

TCG Holdings, L.L.C., its Managing Member

By:  

/s/    William E. Conway, Jr.


Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

TCG HOLDINGS, L.L.C.
By:  

/s/    William E. Conway, Jr.


Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

Page 12 of 16 pages


LIST OF EXHIBITS

 

Exhibit No.

 

Description


A   Joint Filing Agreement

 

Page 13 of 16 pages


EXHIBIT A: Joint Filing Agreement

 

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the common stock, par value $0.0001 per share, of Align Technology, Inc., a Delaware corporation, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

 

[Remainder of this page has been left intentionally blank.]

 

Page 14 of 16 pages


Signature Page 1 of 2

 

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of the 3rd day of June, 2004.

 

CARLYLE PARTNERS III, L.P.
By:   TC Group III, L.P., its General Partner        
By:   TC Group III, L.L.C., its General Partner
By:   TC Group, L.L.C., its Managing Member
By:   TCG Holdings, L.L.C., its Managing Member
By:  

/s/    William E. Conway, Jr.

   

Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

CP III COINVESTMENT, L.P.
By:  

TC Group III, L.P., its General Partner

By:  

TC Group III, L.L.C., its General Partner

By:  

TC Group, L.L.C., its Managing Member

By:  

TCG Holdings, L.L.C., its Managing Member

By:

 

/s/    William E. Conway, Jr.

   

Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

TC GROUP III, L.P.
By:  

TC Group III, L.L.C., its General Partner

By:  

TC Group, L.L.C., its Managing Member

By:  

TCG Holdings, L.L.C., its Managing Member

By:

 

/s/    William E. Conway, Jr.

   

Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

TC GROUP III, L.L.C.
By:  

TC Group, L.L.C., its Managing Member

By:  

TCG Holdings, L.L.C., its Managing Member

By:

 

/s/    William E. Conway, Jr.

   

Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

TC GROUP, L.L.C.
By:  

TCG Holdings, L.L.C., its Managing Member

By:

 

/s/    William E. Conway, Jr.

   

Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

Page 15 of 16 pages


TCG HOLDINGS, L.L.C.

By:

 

/s/    William E. Conway, Jr.        

   

Name:

  William E. Conway, Jr.

Title:

  Managing Director

 

Page 16 of 16 pages