-----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, LKfnAvrmz8+nycq9fW9Lr9MNbb+2utbWqpv5oSAGAtpKMXGOaQ3frnbVoF8OGRyx 2UYrMjeO1voMCANtOaTVBA== 0001047469-98-033541.txt : 19980904 0001047469-98-033541.hdr.sgml : 19980904 ACCESSION NUMBER: 0001047469-98-033541 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980903 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DATAKEY INC CENTRAL INDEX KEY: 0000704914 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 411291472 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-35977 FILM NUMBER: 98703418 BUSINESS ADDRESS: STREET 1: 407 W TRAVELERS TRAIL CITY: BURNSVILLE STATE: MN ZIP: 55337 BUSINESS PHONE: 6128906850 MAIL ADDRESS: STREET 1: 407 WEST TRAVELERS TRAIL CITY: BURNSVILLE STATE: MN ZIP: 55337 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OKABENA PARTNERSHIP K CENTRAL INDEX KEY: 0000904863 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 5140 NORWEST CENTER CITY: MINNEAPOLIS STATE: MN ZIP: 55402-4133 BUSINESS PHONE: 6123397151 MAIL ADDRESS: STREET 1: 5140 NORWEST CENTER CITY: MINNEAPOLIS STATE: MN ZIP: 55402 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)* Datakey, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 237909106 - -------------------------------------------------------------------------------- (CUSIP Number) Bruce C. Lueck, President Okabena Investment Services, Inc. 5140 Norwest Center 90 South Seventh Street, Minneapolis, MN 55402-4139 (612) 339-7151 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to receive Notices and Communications) August 27, 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). CUSIP No. 237909106 - -------------------------------------------------------------------------------- Page 1 of 6 (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 115,100 shares Shares Bene- ficially ------------------------------------------------------------------- Owned by (8) Shared Voting Power -0- Each Report ------------------------------------------------------------------- ing Person (9) Sole Dispositive Power -0- With: ------------------------------------------------------------------- (10) Shared Dispositive Power 115,100 shares - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 115,100 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) 3.9% - -------------------------------------------------------------------------------- (14) Type of Reporting Person PN Page 2 of 6 CUSIP No. 237909106 - -------------------------------------------------------------------------------- (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 115,100 shares - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 115,100 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) 3.9% - -------------------------------------------------------------------------------- (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 Datakey, Inc. (the "Issuer") and amends the original Schedule 13D filed by Okabena Partnership K ("Partnership K") on October 9, 1991, Amendment No. 1 on November 21, 1991, Amendment No. 2 on April 12, 1993, Amendment No. 3 on June 19, 1996, Amendment No. 4 on November 1, 1997, Amendment No. 5 on May 15, 1998 and Amendment No. 6 on May 15, 1998. 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 August 14, 1998, it had 2,949,735 shares outstanding. (c) 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 ------------ ------------------ -------------------- 8/27/98 7,500 $4.500 8/27/98 50,000 4.125
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: September 3, 1998 OKABENA PARTNERSHIP K By: Okabena Investment Services, Inc. Its Managing Partner By: /s/ Bruce C. Lueck ------------------------------------ Bruce C. Lueck, President Date: September 3, 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 September 3, 1998, relating to Datakey, Inc. 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: September 3, 1998 OKABENA PARTNERSHIP K By: Okabena Investment Services, Inc. Its Managing Partner By: /s/ Bruce C. Lueck ----------------------------------- Bruce C. Lueck, President Date: September 3, 1998 KOHLER CAPITAL MANAGEMENT, INC. By: /s/ Gary S. Kohler ----------------------------------- Gary S. Kohler, President Page 6 of 6 -----END PRIVACY-ENHANCED MESSAGE-----