UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE l3D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
KINDRED HEALTHCARE, INC.
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(Name of Issuer)
Common Stock, par value $0.25 per share
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(Title of Class of Securities)
494580103
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(CUSIP Number)
with a copy to:
Stephen Feinberg Robert G. Minion, Esq.
450 Park Avenue Lowenstein Sandler PC
28th Floor 65 Livingston Avenue
New York, New York 10022 Roseland, New Jersey 07068
(212) 421-2600 (973) 597-2424
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 24, 2002
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule l3G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7 for other
parties to whom copies are to be sent.
*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
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).
Cusip No. 494580103
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1) Names of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only):
Stephen Feinberg
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2) Check the Appropriate Box if a Member of a Group (See Instructions):
(a) Not
(b) Applicable
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3) SEC Use Only
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4) Source of Funds (See Instructions): WC
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5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e): Not Applicable
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6) Citizenship or Place of Organization: United States
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Number of 7) Sole Voting Power: *
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Shares Beneficially 8) Shared Voting Power: *
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Owned by
Each Reporting 9) Sole Dispositive Power: *
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Person With 10) Shared Dispositive Power: *
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11) Aggregate Amount Beneficially Owned by Each Reporting Person:
941,421*
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12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions): Not Applicable
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13) Percent of Class Represented by Amount in Row (11): 5.3%*
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14) Type of Reporting Person (See Instructions): IA, IN
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* Cerberus Institutional Partners, L.P., a Delaware limited partnership
("Institutional"), is the holder of 195,624 shares of common stock ("Shares") of
Kindred Healthcare, Inc. (the "Company"), Cerberus International, Ltd., a
corporation organized under the laws of the Bahamas ("International"), is the
holder of 500,041 Shares and various other private investment funds (the
"Funds") own in the aggregate 245,756 Shares. Stephen Feinberg possesses sole
power to vote and direct the disposition of all securities of the Company owned
by each of Institutional, International and the Funds. Thus, for the purposes of
Reg. Section 240.13d-3, Stephen Feinberg is deemed to beneficially own 941,421
Shares, or 5.3% of those deemed issued and outstanding. See Item 5 for further
information.
Item 5. Interest in Securities of the Issuer.
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Based upon the Company's Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 filed March 8, 2002, as of March 7, 2002,
there were 17,682,917 Shares issued and outstanding. As of April 24, 2002,
Institutional is the holder of 195,624 Shares, International is the holder of
500,041 Shares and the Funds in the aggregate hold 245,756 Shares. Mr. Feinberg
possesses sole power to vote and direct the disposition of all securities of the
Company owned by each of Institutional, International and the Funds. Thus, for
the purposes of Reg. Section 240.13d-3, Stephen Feinberg is deemed to
beneficially own 941,421 Shares, or 5.3% of those deemed issued and outstanding.
The following table details the transactions since the filing of the
Schedule 13D Amendment No. 1 by Mr. Feinberg in Shares, or securities
convertible into, exercisable for or exchangeable for Shares, by Mr. Feinberg or
any other person or entity controlled by him or any person or entity for which
he possesses voting or investment control over the securities thereof (each of
which were effected in an ordinary brokerage transaction):
I. Institutional
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(Purchases)
NONE
(Sales)
Date Quantity Price
---- -------- -----
April 15, 2002 6,500 $45.76
April 16, 2002 14,300 $45.08
April 17, 2002 2,500 $46.02
April 24, 2002 17,300 $45.41
April 24, 2002 8,300 $45.24
II. International
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(Purchases)
NONE
(Sales)
Date Quantity Price
---- -------- -----
April 15, 2002 11,400 $45.76
April 16, 2002 36,500 $45.08
April 17, 2002 6,400 $46.02
April 18, 2002 5,000 $45.00
April 24, 2002 44,000 $45.41
April 24, 2002 21,300 $45.24
III. The Funds
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(Purchases)
NONE
(Sales)
Date Quantity Price
---- -------- -----
April 15, 2002 8,100 $45.76
April 16, 2002 17,700 $45.08
April 17, 2002 3,100 $46.02
April 24, 2002 21,700 $45.41
April 24, 2002 10,400 $45.24
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.
August 21, 2002
/s/ Stephen Feinberg
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Stephen Feinberg, in his capacity
as the investment manager for Cerberus
Institutional Partners, L.P., Cerberus
International, Ltd. and the Funds
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001).