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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-C
Report by Issuer of Securities Quoted on NASDAQ
Interdealer Quotation System
Filed pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-17
or 15d-17 thereunder
RULE INDUSTRIES, INC.
(Exact name of issuer as specified in charter)
70 BLANCHARD ROAD, BURLINGTON, MASSACHUSETTS 01803
(Address of principal executive offices)
Issuer's telephone number, including area code: (617) 272-7400
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:
1. TITLE OF SECURITY: Common Stock, $.01 par value
2. NUMBER OF SHARES OUTSTANDING BEFORE THE CHANGE: 2,644,470
3. NUMBER OF SHARES OUTSTANDING AFTER THE CHANGE: 3,274,470
4. EFFECTIVE DATE OF CHANGE: September 11, 1995
5. METHOD OF CHANGE: Exercise of stock option.
BRIEF DESCRIPTION OF TRANSACTION: On September 11, 1995, Greenfield
Industries, Inc. ("Greenfield") exercised its option to purchase 630,000 shares
of the Issuer's Common Stock at a price of $8.00 per share. Such option was
granted to Greenfield pursuant to the Agreement and Plan of Merger dated August
11, 1995 among the Issuer, Greenfield, and Rule Acquisition Corporation.
Date: September 11, 1995 RULE INDUSTRIES, INC.
By /s/ Gary M. Sable
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Gary M. Sable, Vice President
