DATAKEY INC
SC 13D/A, 1998-06-11
MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES
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<PAGE>
                          SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, D.C. 20549

                                     SCHEDULE 13D

                      Under the Securities Exchange Act of 1934

                                 (Amendment No. 6)*

                                    Datakey, Inc.
- --------------------------------------------------------------------------------
                                   (Name of Issuer)

                                     Common Stock
- --------------------------------------------------------------------------------
                            (Title of Class of Securities)

                                      237909106
- --------------------------------------------------------------------------------
                                    (CUSIP Number)

                              Bruce C. Lueck, President
                          Okabena Investment Services, Inc.
                                 5140 Norwest Center
                 90 South Seventh Street, Minneapolis, MN 55402-4139
                                    (612) 339-7151
- --------------------------------------------------------------------------------
               (Name, Address and Telephone Number of Person Authorized
                        to receive Notices and Communications)
                                     See Item 5
- --------------------------------------------------------------------------------

               (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 [  ].

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.

*The remainder of this cover page should 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 ("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>


CUSIP No.  237909106
- -------------------------------------------------------------------------------

     (1)  Name of Reporting Person and I.R.S. Identification No.:

          Okabena Partnership K, a Minnesota general partnership     41-1642281
- -------------------------------------------------------------------------------

     (2)  Check the Appropriate Box if a Member of a Group
                                                                 (a)       [   ]
                                                                 (b)       [ X ]
- -------------------------------------------------------------------------------
     (3)  SEC Use Only

- -------------------------------------------------------------------------------
     (4)  Source of Funds

          WC
- -------------------------------------------------------------------------------
     (5)  Check if Disclosure of Legal Proceedings is Required Pursuant to Items
          2(d) or 2(e)                                      [  ]

          N/A
- --------------------------------------------------------------------------------
     (6)  Citizenship or Place of Organization

          Minnesota
- --------------------------------------------------------------------------------

  Number of    (7)  Sole Voting Power        172,600 shares
 Shares Bene-  ----------------------------------------------------------------
  ficially     (8)  Shared Voting Power          -0-
  Owned by     ----------------------------------------------------------------
Each Report-   (9)  Sole Dispositive Power       -0-
 ing Person    ----------------------------------------------------------------
    With:      (10) Shared Dispositive Power 172,600 shares
- -------------------------------------------------------------------------------
     (11) Aggregate Amount Beneficially Owned by Each Reporting Person

          172,600 shares
- -------------------------------------------------------------------------------
     (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
     [  ]
          N/A
- --------------------------------------------------------------------------------
     (13) Percent of Class Represented by Amount in Row (11)
                                5.9%
- -------------------------------------------------------------------------------
     (14) Type of Reporting Person

               PN
- --------------------------------------------------------------------------------

<PAGE>

CUSIP No.  237909106
- ------------------------------------------------------------------------------

     (1)  Name of Reporting Person and I.R.S. Identification No.:

          Kohler Capital Management, Inc., a Minnesota corporation    41-1889625
- --------------------------------------------------------------------------------

     (2)  Check the Appropriate Box if a Member of a Group
                                                  (a)       [ ]
                                                  (b)       [X]
- -------------------------------------------------------------------------------
     (3)  SEC Use Only

- -------------------------------------------------------------------------------
     (4)  Source of Funds

                         N/A
- --------------------------------------------------------------------------------
     (5)  Check if Disclosure of Legal Proceedings is Required Pursuant to Items

          2(d) or 2(e)                                      [  ]

                         N/A
- --------------------------------------------------------------------------------
     (6)  Citizenship or Place of Organization

               Minnesota
- --------------------------------------------------------------------------------
Number of      (7)  Sole Voting Power           -0-
Shares Bene-   ----------------------------------------------------------------
 ficially      (8)  Shared Voting Power         -0-
Owned by       ----------------------------------------------------------------
Each Report-   (9)  Sole Dispositive Power      -0-
 ing Person    ----------------------------------------------------------------
  With:        (10) Shared Dispositive Power 172,600 shares
- -------------------------------------------------------------------------------
     (11) Aggregate Amount Beneficially Owned by Each Reporting Person

          172,600 shares
- -------------------------------------------------------------------------------
     (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
          [  ]
                          N/A
- -------------------------------------------------------------------------------
     (13) Percent of Class Represented by Amount in Row (11)
                          5.9%
- -------------------------------------------------------------------------------
     (14) Type of Reporting Person

          CO

<PAGE>


ITEM 1.   SECURITY AND ISSUER

          This Amendment No. 6 (the "Amendment") is filed with respect to the
common stock of Datakey, Inc. (the "Issuer") and amends the original Schedule
13D filed by Okabena Partnership K ("Partnership K") on October 9, 1991,
Amendment No. 1 on November 21, 1991, Amendment No. 2 on April 12, 1993 and
Amendment No. 3 on June 19, 1996, Amendment No. 4 filed on November 21, 1997 and
Amendment No. 5 filed on May 15, 1998.

ITEM 5.   INTEREST IN SECURITIES OF THE ISSUER

          (a) and (b) See Schedule 13D cover page, rows (7) through (11)
inclusive and (13).  In a filing with the Securities and Exchange Commission,
the Issuer indicates that as of May 4, 1998, it had 2,909,735 shares
outstanding.

          (c) An open market sale of 5,000 shares on May 5, 1998 at a price of
$4.937 was inadvertently not included in Amendment No. 5 to Schedule 13D.  The
following open-market sale was made by Okabena Partnership K since Amendment No.
5 to Schedule 13D was filed on May 15, 1998.
<TABLE>
<CAPTION>

          Date of Sale        Number of Shares Sold         Price Per Share
          ------------        ---------------------         ---------------
<S>                           <C>                           <C>
             5/15/98                 10,000                      $6.187
</TABLE>

ITEM 7.   MATERIAL TO BE FILED AS EXHIBITS

          Exhibit A:  A copy of the written agreement relating to the filing of
a joint statement as required by Rule 13d-1(f)(1) under the Securities Exchange
Act of 1934, as amended.

<PAGE>


                                      SIGNATURES

               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.


Date: June 9, 1998                 OKABENA PARTNERSHIP K
                                   By: Okabena Investment Services, Inc.
                                       Its Managing Partner

                                   By:   /s/ Bruce C. Lueck
                                        ---------------------------------
                                          Bruce C. Lueck,  President



Date:  June 9, 1998                     KOHLER CAPITAL MANAGEMENT, INC.


                                   By:   /s/ Gary S. Kohler
                                        ---------------------------------
                                          Gary S. Kohler,  President


<PAGE>

                                     EXHIBIT A

                               JOINT FILING AGREEMENT


     In accordance with Rule 13d-1(f)(1) promulgated under the Securities
Exchange Act of 1934, as amended, the undersigned agree that this Amendment to
Schedule 13D dated June 9, 1998,  relating to Datakey, Inc. shall be filed
jointly on behalf of each of the undersigned and that this Agreement may be
included as an Exhibit to such joint filing.


Date: June 9, 1998                 OKABENA PARTNERSHIP K
                                   By: Okabena Investment Services, Inc.
                                          Its Managing Partner

                                   By:   /s/ Bruce C. Lueck
                                        ---------------------------------
                                          Bruce C. Lueck,  President



Date: June 9, 1998                      KOHLER CAPITAL MANAGEMENT, INC.


                                   By:   /s/ Gary S. Kohler
                                        ---------------------------------
                                          Gary S. Kohler,  President



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