-----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, VECPdwcWnHnCMptxsAoEa2VjdjmPUK/2rLZM40nk+qyeIdAs74W0ZIScJDcHqYbc pSYtZp3HhjroNz0ZSFacmw== 0001047469-98-033189.txt : 19980901 0001047469-98-033189.hdr.sgml : 19980901 ACCESSION NUMBER: 0001047469-98-033189 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980831 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CYBERGUARD CORP CENTRAL INDEX KEY: 0000927133 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 650510339 STATE OF INCORPORATION: FL FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-43567 FILM NUMBER: 98701267 BUSINESS ADDRESS: STREET 1: 2000 WEST COMMERCIAL BLVD STREET 2: SUITE 200 CITY: FORT LAUDERDALE STATE: FL ZIP: 33309 BUSINESS PHONE: 9549583900 MAIL ADDRESS: STREET 1: 2101 WEST CYPRESS CREEK RD STREET 2: 2101 WEST CYPRESS CREEK RD CITY: FT LAUDERDALE STATE: FL ZIP: 33309 FORMER COMPANY: FORMER CONFORMED NAME: HARRIS COMPUTER SYSTEMS CORP DATE OF NAME CHANGE: 19940720 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KOHLER GARY S CENTRAL INDEX KEY: 0001045714 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O CHOICETEL COMMUNICATIONS INC STREET 2: 9724 10TH AVENUE NORTH CITY: PLYMOUTH STATE: MN ZIP: 55441 BUSINESS PHONE: 6125441260 MAIL ADDRESS: STREET 1: C/O CHOICETEL COMMUNICATIONS INC STREET 2: 9724 10TH AVENUE NORTH CITY: PLYMOUTH STATE: MN ZIP: 55441 SC 13D/A 1 SC 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 7)* CyberGuard Corporation - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock - ------------------------------------------------------------------------------- (Title of Class of Securities) 231910100 - ------------------------------------------------------------------------------- (CUSIP Number) Gary S. Kohler, President Kohler Capital Management, Inc. 5500 Wayzata Boulevard Golden Valley, MN 55416 (612) 591-1134 - ------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to receive Notices and Communications) August 24, 1998 - ------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page should 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). Page 1 of 6 CUSIP No. 231910100 - ------------------------------------------------------------------------------- (1) Name of Reporting Person and I.R.S. Identification No.: Okabena Partnership K, a Minnesota general partnership 41-1642281 - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ X ] - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Source of Funds WC - ------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] N/A - ------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Minnesota - ------------------------------------------------------------------------------- Number of (7) Sole Voting Power 170,080 shares Shares Bene- ---------------------------------------------------------------- ficially (8) Shared Voting Power -0- Owned by ---------------------------------------------------------------- Each Report- (9) Sole Dispositive Power -0- ing Person ---------------------------------------------------------------- With: (10) Shared Dispositive Power 170,080 shares - ------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 170,080 shares - ------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] N/A - ------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 1.9% - ------------------------------------------------------------------------------- (14) Type of Reporting Person PN Page 2 of 6 CUSIP No. 231910100 - ------------------------------------------------------------------------------- (1) Name of Reporting Person and I.R.S. Identification No.: Kohler Capital Management, Inc., a Minnesota corporation 41-1889625 - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ X ] - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Source of Funds N/A - ------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d)or 2(e) [ ] N/A - ------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Minnesota - ------------------------------------------------------------------------------- Number of (7) Sole Voting Power -0- Shares Bene- ---------------------------------------------------------------- ficially (8) Shared Voting Power -0- Owned by ---------------------------------------------------------------- Each Report- (9) Sole Dispositive Power -0- ing Person ---------------------------------------------------------------- With: (10) Shared Dispositive Power 170,080 shares - ------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 170,080 shares - ------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] N/A - ------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 1.9% - ------------------------------------------------------------------------------- (14) Type of Reporting Person CO Page 3 of 6 ITEM 1. SECURITY AND ISSUER This Amendment No. 7 (the "Amendment") is filed with respect to the common stock of CyberGuard Corporation (the "Issuer") and amends the original Schedule 13D filed by Okabena Partnership K ("Partnership K") on December 21, 1995, Amendment No. 1 on February 9, 1996, Amendment No. 2 on May 24, 1996, Amendment No. 3 on August 2, 1996, Amendment No. 4 on December 26, 1996, Amendment No. 5 on April 2, 1997, and Amendment No. 6 on November 21, 1997. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) and (b) See Schedule 13D cover page, rows (7) through (11) inclusive and (13). In a filing with the Securities and Exchange Commission, the Issuer indicates that as of May 7, 1998, it had 8,775,228 shares outstanding. The sale transactions described in the table below were effected on behalf of Partnership K by its investment advisor, Kohler Capital Management, Inc., in Instinet and open market sales resulting in a change in beneficial ownership by an amount greater than 1% of the Issuer's outstanding common stock (and a reduction in aggregate beneficial ownership to less than 5%).
Date of Sale No. Of Shares Sold Sale Price per Share ------------ ------------------ -------------------- 4/14/98 19,200 $16.91 7/06/98 1,800 10.28 7/07/98 6,000 10.12 8/07/98 1,300 7.95 8/11/98 3,000 7.35 8/12/98 7,400 7.65 8/13/98 2,000 7.20 8/24/98 200,000 1.81 8/24/98 41,000 1.97 8/25/98 1,120 1.62
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit A: A copy of the written agreement relating to the filing of a joint statement as required by Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended. Page 4 of 6 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. Date: August 28, 1998 OKABENA PARTNERSHIP K By: Okabena Investment Services, Inc. Its Managing Partner By: /s/ Bruce C. Lueck ------------------------------------- Bruce C. Lueck, President Date: August 28, 1998 KOHLER CAPITAL MANAGEMENT, INC. By: /s/ Gary S. Kohler ------------------------------------- Gary S. Kohler, President Page 5 of 6 EXHIBIT A JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned agree that this Amendment to Schedule 13D dated August 28, 1998, relating to CyberGuard Corporation shall be filed jointly on behalf of each of the undersigned and that this Agreement may be included as an Exhibit to such joint filing. Date: August 28, 1998 OKABENA PARTNERSHIP K By: Okabena Investment Services, Inc. Its Managing Partner By: /s/ Bruce C. Lueck ------------------------------------- Bruce C. Lueck, President Date: August 28, 1998 KOHLER CAPITAL MANAGEMENT, INC. By: /s/ Gary S. Kohler ------------------------------------- Gary S. Kohler, President Page 6 of 6 -----END PRIVACY-ENHANCED MESSAGE-----