-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Jji9WXeIZoCp6OC00rilVOKYQGheh5Mols8ZR3KDeKDw8b/fBY2ra1XM9NQOrrdX FFyVSciTeSBM43WkJaakkg== 0000950116-03-001636.txt : 20030214 0000950116-03-001636.hdr.sgml : 20030214 20030214122536 ACCESSION NUMBER: 0000950116-03-001636 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20030214 GROUP MEMBERS: HARLAND W. JOHNSON GROUP MEMBERS: KENNETH R. KENSEY GROUP MEMBERS: KENNETH R. KENSEY REVOCABLE TRUST FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KENSEY KENNETH R CENTRAL INDEX KEY: 0001008209 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: C/O RHEOLOGICS, INC STREET 2: 15 EAST UWCHLAN AVE STE 414 CITY: EXTON STATE: PA ZIP: 19341-1258 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KENSEY NASH CORP CENTRAL INDEX KEY: 0001002811 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 363316412 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49224 FILM NUMBER: 03564767 BUSINESS ADDRESS: STREET 1: MARSH CREEK CORPORATE CENTER STREET 2: 55 EAST UWCHLAN AVE STE 204 CITY: EXTON STATE: PA ZIP: 19341 BUSINESS PHONE: 6105947156 MAIL ADDRESS: STREET 1: 55 EAST UWCHLAN AVE STREET 2: STE 201 CITY: EXTON STATE: PA ZIP: 19341 SC 13G/A 1 thirteen_ga.txt SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under The Securities Exchange Act of 1934 (Amendment No. 1)(1) Kensey Nash Corporation ----------------------- (Name of Issuer) Common Stock ------------------------------ (Title of Class of Securities) 490057106 -------------- (CUSIP Number) December 31, 2002 ------------------------------------------------------ (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) - -------- (1) 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 on 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). Page 1 of 9 CUSIP No. 490057106 SCHEDULE 13G - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Kenneth R. Kensey (1) - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ---------------------- ------- ------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 1,070,000 (See Item 4) OWNED BY ------- ------------------------------------------------- EACH 6 SHARED VOTING POWER REPORTING PERSON 0 WITH ------- ------------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,070,000 (See Item 4) ------- ------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,070,000 (See Item 4) - --------- ---------------------------------------------------------------------- 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 9.9% - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - --------- ---------------------------------------------------------------------- (1) Kenneth R. Kensey, as a Trustee of the Kenneth R. Kensey Revocable Trust, has voting power and investment power with respect to the shares held by such Trust. Page 2 of 9 CUSIP No. 490057106 SCHEDULE 13G - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Kenneth R. Kensey Revocable Trust - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Pennsylvania - ---------------------- ------- ------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 1,070,000 (See Item 4) OWNED BY ------- ------------------------------------------------- EACH 6 SHARED VOTING POWER REPORTING PERSON 0 WITH ------- ------------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,070,000 (See Item 4) ------- ------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,070,000 (See Item 4) - --------- ---------------------------------------------------------------------- 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 9.9% - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO - --------- ---------------------------------------------------------------------- Page 3 of 9 CUSIP No. 490057106 SCHEDULE 13G - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Harland W. Johnson (1) - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ---------------------- ------- ------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 1,070,000 (See Item 4) OWNED BY ------- ------------------------------------------------- EACH 6 SHARED VOTING POWER REPORTING PERSON 0 WITH ------- ------------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,070,000 (See Item 4) ------- ------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,070,000 (See Item 4) - --------- ---------------------------------------------------------------------- 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 9.9% - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - --------- ---------------------------------------------------------------------- (1) Harland W. Johnson, as a Trustee of the Kenneth R. Kensey Revocable Trust, has voting power and investment power with respect to the shares held by such Trust. Page 4 of 9 Item 1(a) Name of Issuer: Kensey Nash Corporation Item 1(b) Address of Issuer's Principal Executive Offices: 55 East Uwchlan Ave, Suite 204 Exton, PA 19341 Item 2(a) Name of Person Filing: Kenneth R. Kensey Revocable Trust Kenneth R. Kensey Harland W. Johnson Item 2(b) Address of Principal Business Offices: Trust, Kensey and Johnson: c/o Rheologics, Inc. 15 E. Uwchlan Avenue, Suite 414 Exton, PA 19341 Item 2(c) Citizenship: Kensey Trust: Pennsylvania Kensey and Johnson: U.S.A. Item 2(d) Title of Class of Securities: Common Stock, par value $.001 per share Item 2(e) CUSIP Number: 490057106 Item 3 If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act (d) [_] Investment company registered under Section 8 of the Investment Company Act (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E) Page 5 of 9 (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F) (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G) (h) [_] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J) This Amendment No. 1 to Schedule 13G is filed by the undersigned to amend and supplement the Schedule 13G filed on February 14, 1996 relating to the common stock, $.001 par value per share, of Kensey Nash Corporation, a Delaware corporation. Item 4 Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 1,070,000 (1) (b) Percent of class: 9.9% (2) (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 1,070,000 (1) (ii) Shared power to vote or to direct the vote: -0- (iii) Sole power to dispose or to direct the disposition of: 1,070,000 (1) (iv) Shared power to dispose or to direct the disposition of: -0- (1) The 1,070,000 shares are beneficially owned by the Kenneth R. Kensey Revocable Trust, a trust for the benefit of Kenneth R. Kensey and his spouse, of which Kenneth R. Kensey and Harland W. Johnson are Trustees. Each of Messrs. Kensey and Johnson individually has voting power and investment power with respect to the shares beneficially owned by the Trust. Page 6 of 9 The Kenneth R. Kensey Revocable Trust has entered into three "zero cost collar" arrangements pursuant to which covered call options were written and put options were purchased. Only one of the call and put options can be in-the-money on the expiration date, at which time the in-the-money option will be exercised (and settled for cash), and the other option will expire. If neither option is in-the-money on the expiration date, both options expire. As previously disclosed in Form 4 filings, the basic terms of the call and put options are as follows:
- ------------------------------------------------------------------------------------------------------------------------------------ Title of Conversion Transaction Number of Derivative Date Exercisable and Amount of Price of Number of Derivative or Date Securities Acquired (A) Expiration Date Underlying Derivative Derivative Security Exercise or Disposed of (D) (Month/Day/Year) Securities Security Securities Price of (Month/Day/ Beneficially Derivative Year) Owned Security Following Reported Transaction(s) -------------------------------------------------------------- Date Expiration ----------------------- Exercisable Date (A) (D) - ------------------------------------------------------------------------------------------------------------------------------------ Cashless Collar- $14.3198 2/22/01 150,000 3/15/04 3/15/04 150,000 $2.95 150,000 Call Option (obligation to sell) - ------------------------------------------------------------------------------------------------------------------------------------ Cashless Collar- $ 9.9137 2/22/01 150,000 3/15/04 3/15/04 150,000 $2.95 150,000 Put Option (right to sell) - ------------------------------------------------------------------------------------------------------------------------------------ Cashless Collar- $14.7497 3/13/01 150,000 5/13/04 5/13/04 150,000 $3.07 150,000 Call Option (obligation to sell) - ------------------------------------------------------------------------------------------------------------------------------------ Cashless Collar- $10.2113 3/13/01 150,000 5/13/04 5/13/04 150,000 $3.07 150,000 Put Option (right to sell) - ------------------------------------------------------------------------------------------------------------------------------------ Cashless Collar- $16.1733 5/17/01 100,000 8/17/04 8/17/04 100,000 $3.15 100,000 Call Option (obligation to sell) - ------------------------------------------------------------------------------------------------------------------------------------ Cashless Collar- $11.1969 5/17/01 100,000 8/17/04 8/17/04 100,000 $3.15 100,000 Put Option (right to sell) - ------------------------------------------------------------------------------------------------------------------------------------
(2) Calculated on the basis of 10,759,068 shares of Common Stock outstanding on October 31, 2002, according to the Form 10-Q of Kensey Nash Corporation filed November 14, 2002. 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 |_| 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 Page 7 of 9 Item 8 Identification and Classification of Members of the Group. Not applicable Item 9 Notice of Dissolution of Group. Not applicable Item 10 Certification. Not applicable Page 8 of 9 SIGNATURES 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 14, 2003 /s/ Kenneth R. Kensey, Trustee ------------------------------ Kenneth R. Kensey, Trustee Dated: February 14, 2003 /s/ Harland W. Johnson, Trustee ------------------------------- Harland W. Johnson, Trustee Dated: February 14, 2003 KENNETH R. KENSEY REVOCABLE TRUST /s/ Kenneth R. Kensey, Trustee ------------------------------- Kenneth R. Kensey, Trustee Page 9 of 9 EX-1 3 ex-1.txt EXHIBIT 1 EXHIBIT 1 AGREEMENT OF JOINT FILING The undersigned hereby agree that they are filing jointly, pursuant to Rule 13d-1(k)(1) of the Securities Exchange Act of 1934, as amended, this amendment dated February 14, 2003, containing the information required by Schedule 13G, for the shares of common stock of Kensey Nash Corporation held by the Kenneth R. Kensey Revocable Trust. /s/ Kenneth R. Kensey, Trustee ------------------------------ Kenneth R. Kensey, Trustee Kenneth R. Kensey Revocable Trust /s/ Harland W. Johnson, Trustee ------------------------------- Harland W. Johnson, Trustee Kenneth R. Kensey Revocable Trust KENNETH R. KENSEY REVOCABLE TRUST /s/ Kenneth R. Kensey, Trustee ------------------------------ Kenneth R. Kensey, Trustee EX-2 4 ex-2.txt EXHIBIT 2 EXHIBIT 2 ORIGINAL SCHEDULE 13G FILED IN PAPER FORMAT As filed in paper format with the Securities and Exchange Commission on February 14, 1996 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under The Securities Exchange Act of 1934 (Amendment No. __)* Kensey Nash Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 490057 10 6 - -------------------------------------------------------------------------------- (CUSIP Number) Check the following box if a fee is being paid with this statement |X|. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). *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. 490057 10 6 Page 2 of 8 Pages ----------- SCHEDULE 13G - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON IRS IDENTIFICATION NO. OF ABOVE PERSONS Kenneth R. Kensey - --------- ---------------------------------------------------------------------- 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 - ---------------------- ------- ------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY -0- See Item 4 for additional information. OWNED BY ------- ------------------------------------------------- EACH 6 SHARED VOTING POWER REPORTING PERSON 2,460,157 See Item 4 for additional information. WITH ------- ------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- See Item 4 for additional information. ------- ------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,460,157 See Item 4 for additional information. - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,460,157 See Item 4 for additional information. - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 34.4% - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - --------- ---------------------------------------------------------------------- * SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 490057 10 6 Page 3 of 8 Pages ----------- SCHEDULE 13G - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON IRS IDENTIFICATION NO. OF ABOVE PERSONS Kenneth R. Kensey Revocable Trust - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ---------------------- ------- ------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 2,460,157 See Item 4 for additional information. OWNED BY ------- ------------------------------------------------- EACH 6 SHARED VOTING POWER REPORTING PERSON -0- See Item 4 for additional information. WITH ------- ------------------------------------------------- 7 SOLE DISPOSITIVE POWER 2,460,157 See Item 4 for additional information. ------- ------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- See Item 4 for additional information. - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,460,157 - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 34.4% - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - --------- ---------------------------------------------------------------------- * SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 490057 10 6 Page 4 of 8 Pages ----------- Item 1(a). Name of Issuer: Kensey Nash Corporation Item 1(b). Address of Issuer's Principal Executive Offices: Marsh Creek Corporate Center 55 East Uwchlan Ave, Suite 204 Exton, Pennsylvania 19341 Item 2 (a). Name of Person Filing: Kenneth R. Kensey Kenneth R. Kensey Revocable Trust Item 2(b). Address of Principal Business Offices: Kenneth R. Kensey c/o Kensey Nash Corporation Marsh Creek Corporate Center 55 East Uwchlan Ave, Suite 204 Exton, Pennsylvania 19341 Kenneth R. Kensey, Trustee Kenneth R. Kensey Revocable Trust c/o Kensey Nash Corporation Marsh Creek Corporate Center 55 East Uwchlan Ave, Suite 204 Exton, Pennsylvania 19341 Item 2(c). Citizenship: Kenneth R. Kensey: United States Kenneth R. Kensey Revocable Trust: United States Item 2(d). Title of Class of Securities: Common Stock, par value $.001 per share Item 2(e). CUSIP Number: 490057 10 6 Item 3. Type of Person Not Applicable. CUSIP No. 490057 10 6 Page 5 of 8 Pages ----------- Item 4. Ownership: (a) Amount beneficially owned: 2,460,157(1) (b) Percent of class: 34.4% (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote: 2,460,157(1) (ii) shared power to vote or to direct the vote: 2,460,157(1) (iii) sole power to dispose or to direct the disposition of: 2,460,157(1) (iv) shared power to dispose or to direct the disposition of: 2,460,157(1) - ------------------------- (1) Kenneth R. Kensey is the beneficial owner and trustee with sole voting power and sole dispositive power of the shares held by the Kenneth R. Kensey Trust. CUSIP No. 490057 10 6 Page 6 of 8 Pages ----------- Item 5. Ownership of Five Percent or less of a Class: Not Applicable. 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. Certification: Not Applicable. CUSIP No. 490057 10 6 Page 7 of 8 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. KENNETH R. KENSEY REVOCABLE TRUST By: /s/ Kenneth R. Kensey, Trustee ------------------------------ Dated: February 10, 1996 Kenneth R. Kensey, Trustee CUSIP No. 490057 10 6 Page 8 of 8 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. /s/ Kenneth R. Kensey --------------------- Dated: February 10, 1996 Kenneth R. Kensey -----END PRIVACY-ENHANCED MESSAGE-----