Daisy in the round

How to work (K3tog, Yo, K3tog) into the same 3 sts.
1. Put the right needle into the next 3 sts. Knit like usual, except do not finish the knit, instead allow the stitches to remain on the left needle.
2. Bring the yarn forward between the 2 needles.
3. Put the right needle back into the same 3 st. Knit, and this time, finish the stitch by dropping the 3 sts from the left needle.
Try to keep the 3 new stitches in order on the right needle, ie make sure that the yo is the middle stitch.

Pattern
Cast on a multiple of 4 sts.
Round 1: Knit.
Round 2: *(K3tog, Yo, K3tog) into the same 3 sts, Purl 1; rep from * to end.
Round 3: Knit.
Round 4: Slip 1, Purl1, *(K3tog, Yo, K3tog) into the same 3 sts, Pur 1; rep from * until 2 sts left, slip first stitch from beginning of round onto the needle that has 2 sts left on it (so that now there are 3 sts on the left needle), (K3tog, yo, K3tog) into the same 3 sts.
Rep Rounds 1-4.