<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
Kiewit Peter Sons Inc.
- -------------------------------------------------------------------------------
(Name of Issuer)
Common
- -------------------------------------------------------------------------------
(Title of Class of Securities)
493876-10-6
-----------
(CUSIP Number)
U.S. Bancorp is withdrawing its previous 13G filing for this security. The
parties, U.S. Bank National Association and First Bank South Dakota (National
Association), do not beneficially own greater than 5% of the security, and as
a result no filing should have been made.
*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 6 PAGES
<PAGE>
- ------------------------- ----------------------
CUSIP NO. 493876-10-6 13G PAGE 2 OF 6 PAGES
- ------------------------- ----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON S.S. or I.R.S.
IDENTIFICATION NO. OF ABOVE PERSON
U.S. Bancorp
601 2nd Ave. South
Minneapolis, MN 55402-4302
Tax I.D. No.: 41-0255900
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, U.S.A.
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF *
SHARES -----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH *
REPORTING -----------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
*
-----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
*
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
*
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Less than 5%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
H.C.
- --------------------------------------------------------------------------------
SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 3 of 6 pages
ITEM 1
a. NAME OF ISSUER:
Kiewit Peter Sons Inc.
b. ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
Kiewit Peter Sons Inc.
1000 Kiewit Plaza
Omaha, Nebraska 68131
ITEM 2
a. NAME OF PERSON FILING:
U.S. Bancorp
b. ADDRESS OF PERSON'S FILING PRINCIPAL EXECUTIVE OFFICES:
601 2nd Ave South
Minneapolis, MN 55402-4302
United States
c. TITLE OF CLASS OF SECURITIES:
COMMON
d. CUSIP NUMBER:
493876-10-6
ITEM 3
The person filing this statement is a:
(g) [x] Parent Holding Company
ITEM 4
OWNERSHIP:
a. Amount beneficially owned: *
b. Percentage of Class: Less than 5%
c. Number of shares as to which such person has:
1. Sole power to vote or direct the vote: *
2. Shared power to vote or direct vote: *
3. Sole power to dispose or direct the disposition: *
4. Shared power to dispose or direct the disposition: *
ITEM 5
OWNERSHIP OF FIVE PERCENT OR LESS OF CLASS: (XX)
<PAGE>
Page 4 of 6
ITEM 6
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Other accounts or persons have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of,
remaining shares reported in this filing. To our knowledge no such
other interest of any account or person relates to more than 5% of the
class.
ITEM 7
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY PARENT HOLDING COMPANY
See Exhibit A
ITEM 8
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not Applicable
ITEM 9
NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10
CERTIFICATION
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes 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.
Dated: March 16, 1998
/s/ Merita Schollmeier
- ------------------------------------
Merita Schollmeier
Vice President
<PAGE>
Page 5 of 6
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
EXHIBIT A
The Schedule to which this attachment is appended is filed on behalf of the
following subsidiary or subsidiaries listed below, which are classified as
banks for the purposes of 17 CFR 140.13d-1 (b) (ii) (B).
First Bank South Dakota U.S. Bank National Association
(National Association) 601 2nd Avenue South
141 North Main Avenue Minneapolis, Minnesota 55402
Sioux Falls, South Dakota 57102
<PAGE>
Page 6 of 6
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
EXHIBIT B - DISCLAIMER
Information on the attached Schedule 13G is provided solely for the purpose
of complying with Section 13(d) and 13(g) of the Securities Exchange Act of
1934 and Regulations promulgated under authority thereof and is not intended
as an admission that U.S. Bancorp or any of its subsidiaries, is a beneficial
owner of the securities described herein for any other purpose (including
without limitation for purposes of the Minnesota Control Share Acquisition
Act).
