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SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934 (Amendment No. )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [_]
Check the appropriate box:
[_] Preliminary Proxy Statement
[_] CONFIDENTIAL, FOR USE OF THE
COMMISSION ONLY (AS PERMITTED BY
RULE 14A-6(E)(2))
[_] Definitive Proxy Statement
[X] Definitive Additional Materials
[_] Soliciting Material Pursuant to (S) 240.14a-11(c) or (S) 240.14a-12
K-Swiss Inc.
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(Name of Registrant as Specified In Its Charter)
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(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
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Notes:
[LOGO OF K-SWISS(R) INC.]
31248 Oak Crest Drive
Westlake Village, California 91361
To the Stockholders of
K-Swiss Inc.:
As you know, the Annual Meeting of Stockholders of K-Swiss Inc. will be
held at the K-Swiss Corporate Office at the above address on Thursday, May 23,
2002 at 10:00 a.m.
Among the matters you will consider at the Annual Meeting is a proposal by
the Board of Directors to amend the Company's Amended and Restated Certificate
of Incorporation to increase from 18,000,000 to 36,000,000 the number of
shares of Class A Common Stock that the Company is authorized to issue.
As described in the April 19, 2002 Proxy Statement we previously sent you,
this proposal was made to allow the Company the flexibility to pursue a
potential stock split at a future date and to provide the Company with
adequate authorized share capital for possible future issuances.
We are now pleased to announce that if the Stockholders approve the
proposed amendment to the Company's Certificate of Incorporation at the
upcoming Annual Meeting, the Board of Directors plans to declare a two-for-one
stock split and to increase the Company's quarterly cash dividend to $0.01 per
share on a post-split basis at its next regularly scheduled meeting to be held
on May 23, directly after the Annual Meeting.
All Stockholders are cordially invited to attend the Annual Meeting in
person. However, to assure your representation at the Annual Meeting, please
mark, date, sign and return the proxy card that was enclosed with the Proxy
Statement we previously sent you as promptly as possible. Stockholders
attending the Annual Meeting may vote in person even if they have returned a
proxy card.
By Order of the Board of Directors
/s/ Steven Nichols
Steven Nichols
Chairman of the Board and President
Westlake Village, California
April 25, 2002