SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Kendle International Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
48880L 10 7
- --------------------------------------------------------------------------------
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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).
(Continued on following page(s))
Page 1 of 4 Pages
<PAGE>
CUSIP NO. 48880L 10 7 13G Page 2 of 4 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kendle Stock Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5 SOLE VOTING POWER
NUMBER OF 620,500
SHARES --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING --------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
620,500
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
620,500
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.7%
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12 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 3 of 4 Pages
ITEM 1(a) Name of Issuer: Kendle International Inc.
1(b) Address of Issuer's Principal Executive Office:
700 Carew Tower
441 Vine Street
Cincinnati, Ohio 45202
2(a) Name of Persons Filing: Kendle Stock Trust
2(b) Address of Principal Business Office:
700 Carew Tower
441 Vine Street
Cincinnati, Ohio 45202
2(c) Citizenship: U.S.A.
2(d) Title of Class of Securities: Common Stock, No Par Value
2(e) CUSIP No.: 48880L 10 7
3. If this Statement is Filed Pursuant to Rules 13d-1(b) or
13d-2(b), check whether the Person Filing is a: N/A
4. Ownership:
(a) See Item 9 of cover page.
(b) See Item 11 of cover page.
(c) See Items 5-8 of cover page.
Voting and dispositive powers are held by a trust committee
composed of William J. Keating, Jr., Candace Kendle and Mark
Brettschneider.
5. Ownership of 5% or less of class: N/A
6. Ownership of more than 5% on behalf of another person: N/A
7. Identification and classification of the subsidiary which
acquired the security being reported by the parent holding
company: N/A
<PAGE>
8. Identification and classification of members of the group: N/A
9. Notice of dissolution of group: N/A
10. Certification: N/A
By signing below, I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
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.
January 31, 1999
--------------------------------
Date
/s/William J. Keating, Jr.
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Signature
William J. Keating, Jr./Trustes
and Member, Trust Committee
--------------------------------
Name/Title