-----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, CLdmsmYqIWdCYh0AjgPkZLn2l/memUT+GZ+9l9mgAbG5hqHuvuAltTF1tDIlM3sn x2nVD0RPH5xsI49vNGPflw== 0001017062-98-000084.txt : 19980121 0001017062-98-000084.hdr.sgml : 19980121 ACCESSION NUMBER: 0001017062-98-000084 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980115 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980120 SROS: NASD FILER: 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: 8-K SEC ACT: SEC FILE NUMBER: 000-18490 FILM NUMBER: 98509117 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 8-K 1 CURRENT REPORT ON FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Act of 1934 Date of Report (Date of earliest event reported) January 15, 1998 -------------------------------- K-Swiss Inc. ------------ (Exact name of registrant as specified in its charter) Delaware 0-18490 95-4265988 - ----------------- ----------- ------------------ (State or other (Commission (I.R.S. Employer jurisdiction File Number) Identification No.) of incorporation) 20664 Bahama Street, Chatsworth, California 91311 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (818) 998-3388 -------------- Item 5. Other Events. ------------ On January 15, 1998, the Company issued a press release relating to the purchase of up to $2,832,000 of its Class A Common Stock on the open market through December 1998. A copy of the January 15, 1998 press release is attached as Exhibit 99. Item 7. Financial Statements and Exhibits. --------------------------------- (c). Exhibits: 99 Press release dated January 15, 1998. 2 SIGNATURES ---------- Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. K-Swiss Inc. Date: January 20, 1998 By: /s/ George Powlick --------------------------------- George Powlick, Vice President Finance and Chief Financial Officer 3 EXHIBIT INDEX ------------- Page ---- Exhibit - ------- 99 Press release dated January 15, 1998. 5 4 EX-99 2 PRESS RELEASE DATED JANUARY 15, 1998 Contact: George Powlick Chief Financial Officer (818) 998-3388 For Immediate Release K-SWISS INC. ANNOUNCES ----------------------- STOCK BUY BACK AUTHORIZATION ---------------------------- CHATSWORTH, CA, January 15, 1998 - K-Swiss Inc. (NASDAQ-KSWS) announced today that its Board of Directors has authorized the Company to purchase $2.832 million of its Class A Common Stock in an open market purchase program. The amount of the authorization represents the remaining amount of the previous $10,000,000 buy back authorization which expired December 31, 1997. Such open market purchases, if any, will occur from time to time as market conditions warrant, through December 31, 1998. Currently, there are 3,107,886 shares of Class A Common Stock outstanding. 1,002,700 shares of Class A Common Stock, at a total cost of approximately $12,389,000, have been purchased by the Company in the open market from August, 1996 through December 31, 1997 under the Company's prior buy back programs. K-Swiss Inc. designs, develops and markets athletic footwear for high performance sports and fitness activities. The Company presently offers footwear for court, nautical, casual and children's categories. ###### 5 -----END PRIVACY-ENHANCED MESSAGE-----