FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
RAMIUS LLC
(Last)(First)(Middle)
599 LEXINGTON AVE., 20TH FLOOR, 
(Street)
NEW YORK CITYNY10022
(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
KENSEY NASH CORP [KNSY]		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code
(Instr. 8)		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $.001 08/27/2008 S(1)  3,040 D$ 35.596 258,280 I By Parche LLC (2)
Common Stock, par value $.001 08/28/2008 S(1)  2,352 D$ 35.8207 255,928 I By Parche LLC (2)
Common Stock, par value $.001 08/27/2008 S(1)  15,960 D$ 35.596 1,355,960 I By Starboard Master (3)
Common Stock, par value $.001 08/28/2008 S(1)  12,348 D$ 35.8207 1,343,612 I By Starboard Master (3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date
(Month/Day/Year)		7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
RAMIUS LLC
(Last)(First)(Middle)
599 LEXINGTON AVE., 20TH FLOOR
(Street)
NEW YORK CITYNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
C4S & CO LLC
(Last)(First)(Middle)
599 LEXINGTON AVENUE
(Street)
NEW YORK CITYNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
COHEN PETER A
(Last)(First)(Middle)
C/O RAMIUS LLC, 599 LEXINGTON AVENUE
(Street)
NEW YORK CITYNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
STARK MORGAN B
(Last)(First)(Middle)
C/O RAMIUS LLC, 599 LEXINGTON AVENUE
(Street)
NEW YORK CITYNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
STRAUSS THOMAS W
(Last)(First)(Middle)
C/O RAMIUS LLC, 599 LEXINGTON AVENUE
(Street)
NEW YORK CITYNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
SOLOMON JEFFREY M
(Last)(First)(Middle)
C/O RAMIUS LLC, 599 LEXINGTON AVENUE
(Street)
NEW YORK CITYNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
Starboard Value & Opportunity Master Fund Ltd
(Last)(First)(Middle)
C/O CITCO FUND SERVICES LTD, WEST BAY RD
(Street)
(City)(State)(Zip)
1. Name and Address of Reporting Person*
Parche, LLC
(Last)(First)(Middle)
599 LEXINGTON AVENUE
(Street)
NEW YORK CITYNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
RCG STARBOARD ADVISORS, LLC
(Last)(First)(Middle)
599 LEXINGTON AVENUE
(Street)
NEW YORK CITYNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
RCG Enterprise Ltd
(Last)(First)(Middle)
C/O CITCO FUND SERVICES LTD, WEST BAY RD
(Street)
(City)(State)(Zip)
Explanation of Responses:
1. The reported transaction was effected pursuant to a Rule 10b5-1 Sales Plan Agreement.
2. Consists of Shares owned directly by Parche, LLC (Parche). As the managing member of Parche, RCG Starboard Advisors, LLC (RCG Starboard Advisors) may be deemed to beneficially own the Shares owned by Parche. As the sole, non-managing member of Parche, RCG Enterprise, Ltd, may be deemed to beneficially own the Shares owned by Parche. As the sole member of RCG Starboard Advisors, Ramius LLC (Ramius) may be deemed to beneficially own the Shares owned by Parche. As the managing member of Ramius, C4S & Co., L.L.C. (C4S) may be deemed to beneficially own the Shares owned by Parche. As the managing members of C4S, each of Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to beneficially own the Shares owned by Parche. Each of Messrs. Cohen, Stark, Solomon and Strauss, RCG Starboard Advisors, Ramius and C4S disclaims beneficial ownership of such Shares except to the extent of his or its pecuniary interest therein.
3. Consists of Shares owned directly by Starboard Value and Opportunity Master Fund, Ltd. (Starboard). As the investment manager of Starboard, RCG Starboard Advisors may be deemed to beneficially own the Shares owned by Starboard. As the sole member of RCG Starboard Advisors, Ramius may be deemed to beneficially own the Shares owned by Starboard. As the managing member of Ramius, C4S may be deemed to beneficially own the Shares owned by Starboard. As the managing members of C4S, each of Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to beneficially own the Shares owned by Starboard. Each of Messrs. Cohen, Stark, Solomon and Strauss, RCG Starboard Advisors, Ramius and C4S disclaims beneficial ownership of such Shares except to the extent of his or its pecuniary interest therein.
By: Ramius LLC; By: /s/ Owen S. Littman, Authorized Signatory08/29/2008
By: C4S & Co., L.L.C., By: /s/ Owen S. Littman, as Attorney in Fact for Jeffrey M. Solomon, as Managing Member08/29/2008
By: /s/ Owen S. Littman, as Attorney in Fact for Peter A. Cohen08/29/2008
By: /s/ Owen S. Littman, as Attorney in Fact for Morgan B. Stark08/29/2008
By: /s/ Owen S. Littman, as Attorney in Fact for Thomas W. Strauss08/29/2008
By: /s/ Owen S. Littman, as Attorney in Fact for Jeffrey M. Solomon08/29/2008
By: Starboard Value and Opportunity Master; By: /s/ Owen S. Littman, Authorized Signatory08/29/2008
By: Parche, LLC; By: /s/ Owen S. Littman, Authorized Signatory08/29/2008
By: RCG Starboard Advisors, LLC; By: /s/ Owen S. Littman, Authorized Signatory08/29/2008
By: RCG Enterprise, Ltd; By: /s/ Owen S. Littman, Authorized Signatory08/29/2008
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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