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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Amendment No. 5)*
Under the Securities Exchange Act of 1934*
Health Fitness Physical Therapy, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
42217V102
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(CUSIP Number)
Gary S. Kohler, Vice President
Okabena Investment Services, Inc.
5140 Norwest Center
90 South Seventh Street, Minneapolis, MN 55402
(612) 339-7151
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(Name, Address and Telephone Number of Person Authorized
to receive Notices and Communications)
February 5, 1997
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(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 [ ].
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the reporting 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 less than five percent of such class.
See Rule 13d-7.)
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 1 of 4 pages
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CUSIP No. 42217V102 13D Page 2 of 4 Pages
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(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Okabena Partnership K, a Minnesota general partnership 41-1642281
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(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
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(3) SEC Use Only
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(4) Source of Funds*
WC
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
N/A
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(6) Citizenship or Place of Organization
Minnesota
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Number of Shares (7) Sole Voting Power 424,656 shares
Beneficially Owned
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power 0 shares
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(9) Sole Dispositive Power 424,656 shares
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(10) Shared Dispositive Power 0 shares
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
424,656 shares
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* / /
N/A
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(13) Percent of Class Represented by Amount in Row (11)
5.7%
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(14) Type of Reporting Person*
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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SCHEDULE 13D
This Amendment No. 5 amends the original Schedule 13D filed August 10, 1995,
Amendment No. 1 filed October 10, 1995, Amendment No. 2 filed April 12, 1996,
Amendment No. 3 filed April 23, 1996 and Amendment No. 4 filed August 6, 1996.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 is amended as follows:
See Schedule 13D Statement cover page, rows (7) through (11) inclusive
and row (13). According to the Issuer's Form 10-Q for the quarter ended
September 30, 1996, at November 11, 1996 it had 7,154,376 shares outstanding.
When adjusted for the 250,000 previously reported warrants owned by the
Reporting Person, in accordance with Rule 13-(d)(1)(i), the calculation herein
is based on 7,404,376 shares. The Reporting Person has engaged in the following
open market transactions since the date of its filing of Amendment No. 4 to
Schedule 13D.
Date of Sale Number of Shares Sold Price
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1-2-97 1,200 $3.00
1-9-97 25,000 2.63
1-27-97 10,000 2.69
1-27-97 2,000 2.75
2-5-97 10,000 2.69
Except as set forth above, there have been no other transactions in the common
stock of the Issuer that were effected during the last sixty days by the persons
named in Item 2 to the original Schedule 13D Statement.
Page 3 of 4 pages
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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: February 11, 1997 OKABENA PARTNERSHIP K
By: Okabena Investment Services, Inc.
Its: Managing Partner
By: /s/ Gary S. Kohler
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Gary S. Kohler, Vice President
Page 4 of 4 pages
