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Ownership Document |
Schema Version: X0202 |
Document Type: 4 |
Period of Report: 12/6/06 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 807708 |
| Issuer Name: KENETECH CORP |
| Issuer Trading Symbol: VOXX |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 903634 |
| | Owner Name: SHALAM JOHN J |
| Reporting Owner Address: |
| | Owner Street 1: 180 MARCUS BLVD |
| | Owner Street 2: PO BOX 12427 |
| | Owner City: HAUPPAGE |
| | Owner State: NY |
| | Owner ZIP Code: 11788-0518 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? Yes |
| | Is Other? No |
| | Officer Title: Chairman |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 12/6/06 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: X |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,462 |
| | | Transaction Price Per Share: |
| Value: 7.69 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,910,267 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 12/6/06 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,462 |
| | | Transaction Price Per Share: |
| Value: 13.84 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,906,805 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 12/7/06 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: X |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,959 |
| | | Transaction Price Per Share: |
| Value: 7.69 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,911,764 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 12/7/06 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,959 |
| | | Transaction Price Per Share: |
| Value: 13.6178 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,906,805 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Option (Right to Buy) |
| | Conversion or Exercise Price: |
| | | Value: 7.69 |
| | Transaction Date: |
| | | Value: 12/6/06 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: X |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,462 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 7/21/97 |
| | Expiration Date: |
| | | Value: 7/21/07 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Class A Common Stock |
| | | Underlying Security Shares: |
| Value: 3,462 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 326,046 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Option (Right to Buy) |
| | Conversion or Exercise Price: |
| | | Value: 7.69 |
| | Transaction Date: |
| | | Value: 12/7/06 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: X |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,959 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 7/21/97 |
| | Expiration Date: |
| | | Value: 7/21/07 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Class A Common Stock |
| | | Underlying Security Shares: |
| Value: 4,959 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 321,087 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: All shares sold pursuant to a 10b-5 trading plan. |
| Footnote - F2: Option to purchase Class A Common Shares at an exercise price of $7.69 per share. |
Owner Signature: |
| Signature Name: John J. Shalam |
| Signature Date: 12/7/06 |