SC 13G/A 1 dsc13ga.txt SCHEDULE 13G AMENDMENT NO. 9 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 9)* - K-Swiss Inc. -------------------------------------------------------------------------------- (NAME OF ISSUER) Class A Common Stock, $.01 par value -------------------------------------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 482686102 -------------------------------------------------------------------------------- (CUSIP NUMBER) *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 the disclosures provided in a prior cover page. The information required in 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 5 pages ----------------------- --------------------- CUSIP NO. 482686102 13G PAGE 2 OF 5 PAGES ----------------------- --------------------- ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Steven B. Nichols ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] ------------------------------------------------------------------------------ SEC USE ONLY 3 ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 United States ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 2,854,220 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 0 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 2,854,220 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 0 ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 2,854,220 ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11 31.0% ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 IN ------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! Page 2 of 5 SCHEDULE 13G ------------ Item 1 (a) Name of Issuer -------------- K.Swiss Inc. Item 1 (b) Address of Issuer's Principal Executive Offices ----------------------------------------------- 31248 Oak Crest Drive Westlake Village, CA 91361 Item 2 (a) Name of Person Filing --------------------- Steven B. Nichols Item 2 (b) Address of Principal Business Office ------------------------------------ c/o K.Swiss Inc. 31248 Oak Crest Drive Westlake Village, CA 91361 Item 2 (c) Citizenship ----------- United States Item 2 (d) Title of Class of Securities ---------------------------- Class A Common Stock, $.01 par value. As set forth below, a portion of such shares of Class A Common Stock is represented by shares of Class B Common Stock, which are not registered under Section 12 of the Securities Exchange Act of 1934 (the "Act"), but are immediately convertible into an equal number of shares of Class A Common Stock, $.01 par value, of K.Swiss Inc. The Class A Common Stock is registered under Section 12 of the Act. Item 2 (e) CUSIP Number ------------ 482686102 Item 3 To be filled out if this statement is filed pursuant to Rules ------------------------------------------------------------- 13d-1(b) or 13d-2(b) --------------------- Not Applicable. Page 3 of 5 Item 4 Ownership --------- (a) Amount Beneficially Owned ------------------------- 2,854,220 (b) Percent of Class: ---------------- 2,667,412 of the shares of Class A Common Stock beneficially owned by the Reporting Person represent shares of Class B Common Stock beneficially owned by the Nichols Family Trust (the "Trust"), of which the Reporting Person serves as trustee. 15,808 of the shares of Class A Common Stock beneficially owned by the Reporting Person represent shares of Class B Common Stock held by a trust for the benefit of an individual related to Steven Nichols, the trustee of the Trust. 171,000 of the shares of Class A Common Stock beneficially owned by the Reporting Person represent shares of Class A Common Stock issuable upon the exercise of options, which options are currently exercisable or exercisable within 60 days after December 31, 2001 (the "Options"). If the shares of Class B Common Stock beneficially owned by the Reporting Person as trustee of the Trust were converted into Class A Common Stock, and if all of the Options were exercisable, the Reporting Person would beneficially own 31.0% of the outstanding shares of Class A Common Stock. (c) Number of shares as to which such person has: -------------------------------------------- (i) sole power to vote or to direct the vote: 2,854,220 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 2,854,220 (iv) shared power to dispose or to direct the disposition of: 0 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 --------------------------------------------------------------- Included in the Reporting Person's aggregate amount of 2,854,220 shares owned are 2,667,412 shares beneficially owned by the Nichols Family Trust. Page 4 of 5 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 the Group --------------------------------------------------------- Not applicable. Item 9 Notice of Dissolution of Group ------------------------------ Not applicable. Item 10 Certification. -------------- Not applicable. SIGNATURE --------- After reasonable inquiry and the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 11, 2002 /s/ Steven B. Nichols --------------------------------------- Steven B. Nichols Page 5 of 5