-----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, I79dzl5bxoWbe545/kHVWrGHBgkU1lZbJblOF4zg9tWSzWN5NknEKGAQ/QMrdDb0 NsZei2eBsdfpH6NjOe0FQw== 0001047469-98-005418.txt : 19980217 0001047469-98-005418.hdr.sgml : 19980217 ACCESSION NUMBER: 0001047469-98-005418 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980212 SROS: NASD GROUP MEMBERS: GENERAL ELECTRIC CAPITAL CORP GROUP MEMBERS: GENERAL ELECTRIC CAPITAL SERVICES, INC. GROUP MEMBERS: GENERAL ELECTRIC COMPANY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KAYNAR TECHNOLOGIES INC CENTRAL INDEX KEY: 0000917193 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724] IRS NUMBER: 330591091 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-52549 FILM NUMBER: 98534412 BUSINESS ADDRESS: STREET 1: 500 N STATE COLLEGE BLVD STREET 2: STE 1000 CITY: ORANGE STATE: CA ZIP: 92868-1638 FORMER COMPANY: FORMER CONFORMED NAME: KAYNAR HOLDINGS INC DATE OF NAME CHANGE: 19970205 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL ELECTRIC CAPITAL CORP CENTRAL INDEX KEY: 0000040554 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 131500700 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 260 LONG RIDGE RD CITY: STAMFORD STATE: CT ZIP: 06927 BUSINESS PHONE: 2033574000 MAIL ADDRESS: STREET 1: 260 LONG RIDGE ROAD CITY: STAMFORD STATE: CT ZIP: 06927 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL ELECTRIC CREDIT CORP DATE OF NAME CHANGE: 19871216 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G (RULE 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED PURSUANT TO 13D-2(b) (AMENDMENT NO. __________) 1 KAYNAR TECHNOLOGIES INC. ------------------------ (Name of Issuer) COMMON STOCK ------------ (Title of Class of Securities) 48660 5 108 ----------- (CUSIP Number) - --------------------- 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 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 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. 48660 5 108 13G Page 2 of 7 Pages - ----------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: GENERAL ELECTRIC CAPITAL CORPORATION I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 13-1500700 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION NEW YORK - -------------------------------------------------------------------------------- NUMBER 5 SOLE VOTING POWER OF 5,206,000 SHARES ------------------------------------------------------------ 6 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY EACH ------------------------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER PERSON 5,206,000 WITH ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,206,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 58.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ----------------------- ------------------- CUSIP NO. 48660 5 108 13G Page 3 of 7 Pages - ----------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: GENERAL ELECTRIC CAPITAL SERVICES, INC. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 06-11095031 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER 5 SOLE VOTING POWER OF DISCLAIMED (SEE 9 BELOW) SHARES ----------------------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ----------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING DISCLAIMED (SEE 9 BELOW) PERSON ----------------------------------------------------------------- WITH 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON BENEFICIAL OWNERSHIP OF ALL SHARES IS DISCLAIMED BY GENERAL ELECTRIC CAPITAL SERVICES, INC. - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 NOT APPLICABLE (SEE 9 ABOVE) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ----------------------- ------------------- CUSIP NO. 48660 5 108 13G Page 4 of 7 Pages - ----------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS GENERAL ELECTRIC COMPANY I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) 14-0089340 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION NEW YORK - -------------------------------------------------------------------------------- NUMBER 5 SOLE VOTING POWER OF DISCLAIMED (SEE 9 BELOW) SHARES ----------------------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ----------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING DISCLAIMED (SEE 9 BELOW) PERSON ----------------------------------------------------------------- WITH 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON BENEFICIAL OWNERSHIP OF ALL SHARES IS DISCLAIMED BY GENERAL ELECTRIC COMPANY - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 NOT APPLICABLE (SEE 9 ABOVE) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ----------------------- ------------------- CUSIP NO. 48660 5 108 13G Page 5 of 7 Pages - ----------------------- ------------------- ITEM 1(a). NAME OF ISSUER: Kaynar Technologies Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 500 North State College Boulevard Orange, California 92868 ITEM 2(a). NAME OF PERSON FILING: General Electric Capital Corporation ("GECC"), General Electric Capital Services, Inc. ("GECS") and General Electric Company ("GE"). GECS is a wholly owned subsidiary of GE, and GECC is a wholly owned subsidiary of GECS. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE: GECC: 260 Long Ridge Road Stamford, Connecticut 06927 GECS: 260 Long Ridge Road Stamford, Connecticut 06927 GE: 3135 Easton Turnpike Fairfield, Connecticut 06431 ITEM 2(c). CITIZENSHIP: GECC: Incorporated in New York GECS: Incorporated in Delaware GE: Incorporated in New York ITEM 2(d). TITLE OF CLASS OF SECURITIES: Series C Convertible Preferred Stock, par value $.01 per share (the "Series C Preferred"). Each share of Series C Preferred is convertible at any time into one share of Kaynar common stock, par value $.01 per share (the "Common Stock"), subject to certain adjustments. ITEM 2(e). CUSIP NUMBER: 486605108 - ----------------------- ------------------- CUSIP NO. 48660 5 108 13G Page 6 of 7 Pages - ----------------------- ------------------- ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: Not Applicable ITEM 4. OWNERSHIP: The information in items 1 and 5 through 11 on the cover pages (pp. 2 - 4) on Schedule 13G is hereby incorporated by reference. The amount beneficially owned and the percent of class calculated on page 2 assumes that GECC fully converts its Series C Preferred into Common Stock. 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 A GROUP: Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not applicable. ITEM 10. CERTIFICATION Not applicable. - ----------------------- ------------------- CUSIP NO. 48660 5 108 13G Page 7 of 7 Pages - ----------------------- ------------------- 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 10, 1998 GENERAL ELECTRIC CAPITAL CORPORATION a New York corporation By: /s/ Michael A. Gaudino ---------------------------------------------------- Michael A. Gaudino Vice President GENERAL ELECTRIC CAPITAL SERVICES, INC. a Delaware corporation By: /s/ Nancy E. Barton ---------------------------------------------------- Nancy E. Barton Senior Vice President GENERAL ELECTRIC COMPANY a New York corporation By: /s/ Michael A. Gaudino ---------------------------------------------------- Michael A. Gaudino Attorney-in-fact EXHIBIT A AGREEMENT REGARDING JOINT FILING Pursuant to Securities and Exchange Commission Regulation 240.13d-1(f)(1), the undersigned persons agrees that a statement may be filed on behalf of each of the undersigned persons by General Electric Capital Corporation with respect to Series C Preferred Stock, par value $.01 per share, issued by Kaynar Technologies Inc. Further, each of the undersigned agrees that General Electric Capital Corporation, by any of its duly elected officers, shall be authorized to sign from time to time on behalf of the undersigned, any amendments to this Schedule 13G or any statements on Schedule 13D relating to Kaynar Technologies Inc. which may be necessary or appropriate from time to time. Dated: February 10, 1998 GENERAL ELECTRIC CAPITAL CORPORATION a New York corporation By: /s/ Michael A. Gaudino -------------------------------------------------- Michael A. Gaudino Vice President GENERAL ELECTRIC CAPITAL SERVICES, INC. a Delaware corporation By: /s/ Nancy E. Barton -------------------------------------------------- Nancy E. Barton Senior Vice President GENERAL ELECTRIC COMPANY a New York corporation By: /s/ Michael A. Gaudino -------------------------------------------------- Michael A. Gaudino Attorney-in-fact EXHIBIT B POWER OF ATTORNEY The undersigned, General Electric Company, a New York corporation (hereinafter referred to as the "Corporation") does hereby make, constitute and appoint the persons listed below as the Corporation's true and lawful agent and attorney-in-fact (hereinafter referred to as the "Attorney") to act either together or alone in the name and on behalf of the Corporation for and with respect to the matters hereinafter described. Name of Attorney: Joan C. Amble Nancy E. Barton Jeffrey S. Werner Michael A. Gaudino John J. Walker Michael E. Pralle Paul J. Licursi Each Attorney shall have the power and authority to do the following: To execute and deliver any Schedule 13D, Schedule 13G or Forms 3, 4 and 5 or any amendments thereto required to be filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934 on behalf of the Corporation with regard to any securities owned by General Electric Capital Services, Inc., General Electric Capital Corporation or any of their subsidiaries. And, in connection with the foregoing, to execute and deliver all documents, acknowledgments, consents and other agreements and to take such further action as may be necessary or convenient for the Corporation in order to more effectively carry out the intent and purpose of the foregoing. Agreements, commitments, documents, instruments, and other writings executed by the Attorney in accordance with the terms hereof shall be binding upon the Corporation without attestation and without affixation of the seal of the Corporation. The Power of Attorney conferred hereby shall not be delegable by any Attorney. The Attorney shall serve without compensation for acting in the capacity of agent and attorney-in-fact hereunder. Unless sooner revoked by the Corporation, this Power of Attorney shall be governed under the laws of the State of New York and the authority of the Attorney hereunder shall terminate on March 31, 1998. IN WITNESS WHEREOF, the Corporation has caused this Power of Attorney to be executed, attested and its corporate seal to be affixed pursuant to authority granted by the Corporation's board of directors, as of the 5th day of June, 1996. General Electric Company (Corporate Seal) By: /s/ Philip D. Ameen ------------------------------- Philip D. Ameen, Vice President Attest: /s/ Robert E. Healing - ---------------------------------------- Robert E. Healing, Attesting Secretary -----END PRIVACY-ENHANCED MESSAGE-----