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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 3
KeraVision, Inc.
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(Name of Issuer)
Common Stock, $.001 par value
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(Title of Class of Securities)
492061106
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(CUSIP Number)
Page 1 of 5 Pages
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- ---------------
CUSIP NO.
492061106
- ---------------
- --------------------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Goldman, Sachs & Co.
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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
- --------------------------------------------------------------------------------
4. Citizenship or place of Organization
New York
- --------------------------------------------------------------
Number of 5. Sole Voting Power
Shares
Beneficially 0
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Owned By 6. Shared Voting Power
Each
Reporting 2,322,404
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Person With 7. Sole Dispositive Power
0
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8. Shared Dispositive Power
2,322,404
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,322,404
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
18.5%
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12. Type of Reporting Person
BD-PN-IA
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Page 2 of 5 Pages
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CUSIP NO.
492061106
- ---------------
- --------------------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
The Goldman Sachs Group, L.P.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) _____
(b) _____
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3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or place of Organization
Delaware
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Number of 5. Sole Voting Power
Shares
Beneficially 0
-----------------------------------------
Owned By 6. Shared Voting Power
Each
Reporting 2,322,404
-----------------------------------------
Person With 7. Sole Dispositive Power
0
-----------------------------------------
8. Shared Dispositive Power
2,322,404
-----------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,322,404
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
18.5%
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12. Type of Reporting Person
HC-PN
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Page 3 of 5 Pages
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Item 4. Ownership.*
(a). Amount beneficially owned:
See the response(s) to Item 9 on the attached cover page(s).
(b). Percent of Class:
See the response(s) to Item 11 on the attached cover page(s).
(c). Number of shares as to which such person has:
(i). Sole power to vote or to direct the vote:
See the response(s) to Item 5 on the attached
cover page(s).
(ii). Shared power to vote or to direct the vote:
See the response(s) to Item 6 on the attached
cover page(s).
(iii). Sole power to dispose or to direct the disposition of:
See the response(s) to Item 7 on the attached
cover page(s).
(iv). Shared power to dispose or to direct the disposition of:
See the response(s) to Item 8 on the attached
cover page(s).
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
purpose or effect.
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* The Goldman Sachs Group, L.P. ("GS Group") and Goldman, Sachs & Co.
("Goldman Sachs") each disclaim beneficial ownership of the Common Stock
beneficially owned by managed accounts.
Page 4 of 5 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: January 10, 1998
THE GOLDMAN SACHS GROUP, L.P.
By: /s/ Roger S. Begelman
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Name: Roger S. Begelman
Title: Attorney-in-fact
GOLDMAN, SACHS & CO.
By: /s/ Roger S. Begelman
-----------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
Page 5 of 5 Pages
