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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
KENNEDY-WILSON, INC.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
489399 20 4
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(CUSIP Number)
Check the following box if a fee is being paid with this statement / /.
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*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 5
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CUSIP NO. 489388 20 4 SCHEDULE 13G PAGE 2 OF 5 PAGES
--------------------- ----- -----
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William R. Stevenson
###-##-####
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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(5) SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY None
EACH --------------------------------------------------------
PERSON (7) SOLE DISPOSITIVE POWER
WITH 0
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(8) SHARED DISPOSITIVE POWER
None
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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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
0%
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(12) TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5
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Item 1. ISSUER.
(a) Name of Issuer:
Kennedy-Wilson, Inc. (the "Issuer")
(b) Address of Issuer's Principal Executive Offices:
530 Wilshire Boulevard, Suite 101
Santa Monica, California 90401
Item 2. SECURITY AND BACKGROUND.
(a) Name of Person Filing:
The person filing this Schedule 13G is William R.
Stevenson, an individual.
(b) Principal Business Address:
The principal business address of Mr. Stevenson is
530 Wilshire Boulevard, Suite 101, Santa Monica,
California 90401.
(c) Citizenship:
Mr. Stevenson is a citizen of the United States of
America.
(d) Title and Class of Securities:
Common Stock.
(e) CUSIP No.:
489399 20 4
Item 3. FILINGS UNDER RULES 13d-1(b), or 13d-2(b).
Not applicable.
Item 4. OWNERSHIP.
(a) Amount Beneficially Owned:
0
(b) Percent of Class:
0%
Page 3 of 5
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(c) Voting and Dispositive Power:
Mr. Stevenson had sole voting and dispositive power
with respect to the 89,738 shares of Common Stock
of the Issuer beneficially owned by him immediately
prior to his disposition of such shares on
February 28, 1997.
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Mr. Stevenson has disposed of all shares of Common Stock
of the Issuer beneficially owned by him and now owns less
than 5% of the Common Stock.
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not Applicable.
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.
Page 4 of 5
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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.
Date: March 7, 1997
/s/ William R. Stevenson
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William R. Stevenson
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