-----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, KNw1PAiK9XgjDoH7VvKWp5obnR+Pg6SpKJxFOYjRCG/cXCsjx2gj60JkvzE7xSLj QTYAldfRYtok+2dO89ZJlA== 0000950146-96-001748.txt : 19961004 0000950146-96-001748.hdr.sgml : 19961004 ACCESSION NUMBER: 0000950146-96-001748 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961003 SROS: NONE GROUP MEMBERS: DDJ CAPITAL MANAGEMENT LLC GROUP MEMBERS: DDJ COPERNICUS MANAGEMENT, LLC GROUP MEMBERS: DDJ COPERNICUS, LLC GROUP MEMBERS: DDJ GALILEO MANAGEMENT, LLC GROUP MEMBERS: DDJ GALILEO, LLC GROUP MEMBERS: DDJ OVERSEAS CORP. GROUP MEMBERS: THE COPERNICUS FUND, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KENETECH CORP CENTRAL INDEX KEY: 0000807708 STANDARD INDUSTRIAL CLASSIFICATION: COGENERATION SERVICES & SMALL POWER PRODUCERS [4991] IRS NUMBER: 943009803 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43755 FILM NUMBER: 96638961 BUSINESS ADDRESS: STREET 1: 500 SANSOME ST STE 800 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4153983825 MAIL ADDRESS: STREET 1: 500 SANSOME STREET STREET 2: SUITE 300 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DDJ CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001010422 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 043300754 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 141 LINDEN STREET STREET 2: SUITE 4 CITY: WELLESLEY STATE: MA ZIP: 02181 BUSINESS PHONE: 617-283-8500 MAIL ADDRESS: STREET 1: 141 LINDEN STREET STREET 2: SUITE 4 CITY: WELLESLEY STATE: MA ZIP: 02181 SC 13D/A 1 SCHEDULE 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)(1) Kenetech Corporation - -------------------------------------------------------------------------------- (Name of issuer) 8.25% Convertible Preferred Stock - -------------------------------------------------------------------------------- (Title of class of securities) 488878307 ------------------------------------------------------------ (CUSIP number) Wendy Schnipper Clayton DDJ Capital Management, LLC 141 Linden Street, Suite 4 Wellesley, MA 02181 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) September 26, 1996 - -------------------------------------------------------------------------------- (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 [ ]. 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.) 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. (Continued on following pages) (Page 1 of 13 Pages) - ------------------ [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). SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 488878307 | | Page 2 of 13 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Capital Management, LLC | | | 04-3300754 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 193,500 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 193,500 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 193,500 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 3.78% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 488878307 | | Page 3 of 13 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Overseas Corp. | | | 98-0151108 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | CAYMAN ISLANDS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 168,100 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 168,100 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 168,100 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 3.28% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | CO | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 488878307 | | Page 4 of 13 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Galileo, LLC | | | 04-3304422 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 168,100 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 168,100 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 168,100 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 3.28% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 488878307 | | Page 5 of 13 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Galileo Management, LLC | | | 04-3304416 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 168,100 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 168,100 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 168,100 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 3.28% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 488878307 | | Page 6 of 13 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | The Copernicus Fund, L.P. | | | 04-3193825 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 25,400 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 25,400 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 25,400 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | .50% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | PN | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 488878307 | | Page 7 of 13 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Copernicus, LLC | | | 04-3304417 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 25,400 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 25,400 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 25,400 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | .50% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 488878307 | | Page 8 of 13 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Copernicus Management, LLC | | | 04-3304419 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 25,400 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 25,400 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 25,400 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | .50% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D CUSIP No. 488878307 Page 9 of 13 Pages - ------------------- ------------------ This Amendment No. 2 to Schedule 13D ("Amendment No. 2") should be read in conjunction with the Schedule 13D (the "Schedule 13D"), dated June 28, 1996, and Amendment No. 1, to the Schedule 13D ("Amendment No. 1") dated September 17, 1996, and filed with the Securities and Exchange Commission by DDJ Capital Management, LLC., a Massachusetts limited liability company ("DDJ"), and certain affiliates relating to the 8.25% Convertible Preferred Stock (the "Shares"), of Kenetech Corporation, (the "Issuer" or the "Company"). This Amendment No. 2 amends Amendment No. 1 and the Schedule 13D only with respect to those items listed below. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto on the Schedule 13D and Amendment No. 1. The filing of this Amendment No. 2 is not, and should not be deemed to be, an admission that the Schedule 13D or any Amendment thereto is required to be filed. In as much as neither DDJ, nor the DDJ Affiliates are the beneficial owner of more than 5% of the shares, we have not further reporting obligations under Section 13(d) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder. Item 3. Sources and Amount of Funds or Other Consideration: Item 3 is deleted in its entirety and amended as follows: The Funds which own or owned Shares purchased in the aggregate 193,500 Shares for cash in the amount of approximately $0.00 including brokerage commissions. Proceeds from 271,500 Shares sold aggregated approximately $185,695.79. All of the 25,400 Shares now owned by The Copernicus Fund, L.P. were purchased for cash or on margin pursuant to a typical customer margin agreement with Goldman Sachs & Co., and all of the 168,100 Shares now owned by DDJ Overseas Corp. were purchased for cash or on margin pursuant to a typical customer margin agreement with Goldman Sachs & Co. During the period from the filing of Amendment No. 1 and the Schedule 13D, to the date hereof, the Funds have sold 130,500 Shares. The attached Schedule B sets forth Shares purchased and/or sold by the Funds since September 24, 1996. SCHEDULE 13D SCHEDULE 13D CUSIP No. 488878307 Page 10 of 13 Pages - ------------------- ------------------- Item 5. Interest in Securities of Issuer: Paragraphs (a) of Item 5 is amended as follows: (a) DDJ Overseas Corp., owns, and DDJ Galileo, LLC and DDJ Galileo Management LLC beneficially own as majority shareholder and investment manager, respectively, of DDJ Overseas Corp. 168,100 Shares, or approximately 3.28% of the outstanding Shares of the Company. The Copernicus Fund, L.P. owns, and DDJ Copernicus, LLC and DDJ Copernicus Management, LLC beneficially own, as general partner and investment manager, respectively, of The Copernicus Fund, L.P. 25,400 Shares, or approximately .50% of the outstanding Shares of the Company. DDJ, as administrator to the other DDJ Affiliates, may be deemed to beneficially own 193,500 Shares, or approximately 3.78% of the outstanding Shares of the Company. DDJ disclaims any such beneficial ownership. Neither DDJ nor any of the DDJ Affiliates and, to the best of knowledge of DDJ and the DDJ Affiliates, none of the persons named in Schedule A, beneficially own any other Shares. SCHEDULE 13D CUSIP No. 488878307 Page 11 of 13 Pages - ------------------- ------------------- SCHEDULE A The name and present principal occupation or employment of each executive officer and member of DDJ Capital Management, LLC and each of the DDJ Affiliates are set forth below. The business address of each person is 141 Linden Street, Suite 4, Wellesley, MA 02181 and the address of the corporation or organization in which such employment is conducted is the same as each person's business address, except that the principal address of DDJ Overseas Corp. is set forth in Item 2. All of the persons listed below are U.S. citizens. NAME PRINCIPAL OCCUPATION OR EMPLOYMENT - ---- ---------------------------------- Daniel G. Harmetz Principal of DDJ Capital Management, LLC, DDJ Galileo, LLC, DDJ Galileo Management, LLC, DDJ Copernicus, LLC and DDJ Copernicus Management, LLC David J. Breazzano Principal of DDJ Capital Management, LLC, DDJ Galileo, LLC, DDJ Galileo Management, LLC, DDJ Copernicus, LLC and DDJ Copernicus Management, LLC Judy K. Mencher Principal of DDJ Capital Management, LLC, DDJ Galileo, LLC, DDJ Galileo Management, LLC, DDJ Copernicus, LLC, DDJ Copernicus Management, LLC and Vice President of DDJ Overseas Corp. SCHEDULE 13D CUSIP No. 488878307 Page 12 of 13 Pages - ------------------- ------------------- SCHEDULE B Kenetech Corporation - -------------------- Set forth below is an itemization of all purchases and sales of Shares of Convertible Preferred Stock since September 23, 1996. The transactions were made for cash in open market transactions. DATE TYPE-PURCHASE SHARES AGGREGATE OR SALE PRICE - ------------------------------------------------------------------- 09/24/96 Sale 2,500 $ 3,518.75 09/25/96 Buy 5,000 $ 7,337.51 09/25/96 Sale 33,000 $ 48,510.00 09/26/96 Sale 100,000 $ 150,000.00 SCHEDULE 13D CUSIP No. 488878307 Page 13 of 13 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. DDJ CAPITAL MANAGEMENT, LLC DDJ GALILEO, LLC DDJ GALILEO MANAGEMENT, LLC DDJ COPERNICUS, LLC, on behalf of itself and as General Partner for THE COPERNICUS FUND, L.P. DDJ COPERNICUS MANAGEMENT, LLC DDJ OVERSEAS CORP. By: ___________________________________________ Judy K. Mencher Member of DDJ Capital Management, LLC DDJ Galileo, LLC, DDJ Galileo Management, LLC, DDJ Copernicus, LLC, DDJ Copernicus Management, LLC and Vice President of DDJ Overseas Corp. Dated: schdl13d -----END PRIVACY-ENHANCED MESSAGE-----