-----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, GgTvIqb/a9w9vxLVXaCRINjsz3y71zD0U5D5K7lOSLe6xi4sZ5LlzclTW6mBNFh1 bpxOuDdPWP9fNKx5XQeTaw== 0000908737-98-000180.txt : 19980218 0000908737-98-000180.hdr.sgml : 19980218 ACCESSION NUMBER: 0000908737-98-000180 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980217 SROS: NASD GROUP MEMBERS: SCHWARTZ INVESTMENT COUNSEL, INC. GROUP MEMBERS: SCHWARTZ INVESTMENT TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: K SWISS INC CENTRAL INDEX KEY: 0000862480 STANDARD INDUSTRIAL CLASSIFICATION: FOOTWEAR, (NO RUBBER) [3140] IRS NUMBER: 954265988 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-41260 FILM NUMBER: 98543131 BUSINESS ADDRESS: STREET 1: 20664 BAHAMA ST CITY: CATSWORTH STATE: CA ZIP: 91311 BUSINESS PHONE: 8189983388 MAIL ADDRESS: STREET 1: 20664 BAHAMA ST CITY: CATSWORTH STATE: CA ZIP: 91311 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCHWARTZ INVESTMENT TRUST CENTRAL INDEX KEY: 0000891160 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 316456713 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 312 WALNUT STREET 21ST FLOOR CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5136292000 MAIL ADDRESS: STREET 1: 312 WALNUT STREET 21ST FLOOR STREET 2: 3707 WEST MAPLE ROAD CITY: CINCINNATI STATE: OH ZIP: 45202 SC 13G/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3)* K-SWISS INC. (Name of Issuer) CLASS A COMMON STOCK (Title of Class of Securities) 482686102 (CUSIP Number) Check the following box if a fee is being paid with the statement []. (A fee is not required only if the reporting 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 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). Cusip No. 482686102 13G Page 1 of 7 Pages - ---------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON Schwartz Investment Counsel, Inc. ("SICI"), FEIN 38-2325495 and Schwartz Investment Trust ("SIT"), on behalf of its series Fund, Schwartz Value Fund, FEIN 31-6456713 - ---------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ---------------------------------------------------------------- 3. SEC USE ONLY - ---------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION SICI - Michigan SIT - Ohio - ---------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF SHARES SICI - 106,000 shares BENEFICIALLY SIT - 235,000 shares OWNED BY EACH ------------------------------------------------- REPORTING 6. SHARED VOTING POWER PERSON WITH None ------------------------------------------------- 7. SOLE DISPOSITIVE POWER SICI - 190,200 shares SIT - 235,000 shares ------------------------------------------------- 8. SHARED DISPOSITIVE POWER SICI - 20,300 - ---------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SICI - 210,500 shares SIT - 235,000 shares Cusip No. 482686102 13G Page 2 of 7 Pages - ---------------------------------------------------------------- - ---------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES - ---------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 SICI - 6.8% SIT - 7.6% - ---------------------------------------------------------------- 12. TYPE OF REPORTING PERSON SICI - IA SIT - IV Cusip No. 482686102 13G Page 3 of 7 Pages - ---------------------------------------------------------------- Item 1. (a) Name of Issuer K-Swiss Inc. (b) Address of Issuer's Principal Executive Offices: 20664 Bahama Street Chatsworth, California 91311 Item 2. (a) Name of Person Filing Schwartz Investment Counsel, Inc. ("SICI") and Schwartz Investment Trust ("SIT") (b) Address of Principal Business Office or, if none, Residence 3707 W. Maple Rd. Bloomfield Hills, MI 48301 (c) Citizenship: SICI-MI, SIT-OH (d) Title of Class of Securities: Class A Common Stock (e) CUSIP Number: 482686102 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act (d) [X] Investment Company registered under section 8 of the Investment Company Act (e) [X] Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company, in accordance with Section 240.13d-1(b)(ii)(G) (Note: See Item 7) Cusip No. 482686102 13G Page 4 of 7 Pages - ---------------------------------------------------------------- (h) [ ] Group, in accordance with Section 240.13d- 1(b)(1)(ii)(H) Item 4. Ownership If the percent of the class owned, as of December 31 of the year covered by the statement, or as of the last day of any month described in Rule 13d-1(b)(2), if applicable, exceeds five percent, provide the following information as of that date and identify those shares which there is a right to acquire. (a) Amount Beneficially Owned: SICI - 210,500 shares, SIT - 235,000 shares (b) Percent of Class SICI - 6.8%, SIT - 7.6% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote SICI - 106,000 shares, SIT - 235,000 shares (ii) shared power to vote or to direct the vote None (iii) sole power to dispose or to direct the disposition of SICI - 190,200 shares, SIT - 235,000 shares (iv) shared power to dispose or to direct the disposition of 20,300 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 not more than five percent of the class of securities, check the following [ ]. Instruction: Dissolution of a group requires a response to this item. N/A Cusip No. 482686102 13G Page 5 of 7 Pages - ---------------------------------------------------------------- Item 6. Ownership of More than Five Percent on Behalf of Another Person If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c), attach an exhibit stating the identification of the relevant subsidiary. N/A Item 8. Identification and Classification of Members of the Group If a group has filed this schedule pursuant to Rule 13d- 1(b)(ii)(H), so indicate under Item 3(h) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c), attach an exhibit stating the identity of each member of the group. N/A Item 9. Notice of Dissolution of Group Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See item 5. N/A Cusip No. 482686102 13G Page 6 of 7 Pages - ---------------------------------------------------------------- Item 10. Certification The following certiciation shall be included if the statement is filed pursuant to Rule 13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes 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. February 13, 1998 February 13, 1998 - ---------------------------------- ------------------------------- Date /s/George P. Schwartz /s/George P. Schwartz ------------------------------- - ---------------------------------- Signature George P. Schwartz, CFA, President George P. Schwartz, CFA, President Schwartz Investment Counsel, Inc. Schwartz Investment Trust - ---------------------------------- ----------------------------------- Name/Title Name/Title Cusip No. 482686102 13G Page 7 of 7 Pages - ---------------------------------------------------------------- The original statement shall be signed by each person on whose behalf the statement is field or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Note: Six copies of this statement, including all exhibits, should be filed with the Commission. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) AGREEMENT Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13G (or any amendment thereof) need be filed on their behalf with respect to the beneficial ownership of any equity securities of Data Research Associates, Inc., or any subsequent acquisitions or dispositions of equity securities of K-Swiss Inc., by any of the undersigned. Date: February 13, 1998 /s/George P. Schwartz ---------------------------------- George P. Schwartz, CFA, President Schwartz Investment Counsel, Inc. /s/George P. Schwartz ----------------------------------- George P. Schwartz, CFA, President Schwartz Investment Trust -----END PRIVACY-ENHANCED MESSAGE-----