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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
ADAC LABORATORIES
(Exact name of issuer as specified in charter)
540 ALDER DRIVE
MILPITAS, CALIFORNIA 95035
(Address of principal executive offices)
Issuer's telephone number, including area code (408) 321-9100
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.
2. NUMBER OF SHARES OUTSTANDING BEFORE THE CHANGE:
44,893,419 (being the number reported on issuer's prior Form 10-C,
dated September 3, 1992 and before a 1-for-3 reverse stock split).
3. NUMBER OF SHARES OUTSTANDING AFTER THE CHANGE:
Common Stock -- 17,321,045 (as of March 7, 1996).
4. EFFECTIVE DATE OF CHANGE: From the date of the Issuer's prior Form
10-C, various option holders have exercised and purchased shares of
Common Stock. The 1-for-3 reverse stock split was effective as of
March 15, 1993.
5. METHOD OF CHANGE:
SPECIFY METHOD (SUCH AS MERGER, ACQUISITION, EXCHANGE,
DISTRIBUTION, STOCK SPLIT, REVERSE SPLIT, ACQUISITION OF STOCK
FOR TREASURY, ETC.) Shares reduced due to 1-for-3 reverse
stock split. Shares increased due to exercises of stock
options, purchases of stock under employee stock purchase plan
and issuance of shares in acquisitions.
GIVE BRIEF DESCRIPTION OF TRANSACTION: Shares reduced due to
1-for-3 reverse stock split. Shares increased due to exercises
of options, purchases of stock under employee stock purchase
plans and issuance of 273,286 and 138,302 shares in two
acquisition transactions.
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II. CHANGE IN NAME OF ISSUER
1. NAME PRIOR TO CHANGE: N/A
2. NAME AFTER CHANGE: ___________________________________________________
3. EFFECTIVE DATE OF CHARTER AMENDMENT CHANGING NAME:
4. DATE OF SHAREHOLDER APPROVAL OF CHANGE, IF REQUIRED:
ISSUER: ADAC LABORATORIES
Date: March 11, 1996 By /s/Robert A. Starr
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Robert A. Starr,
Vice President and
Assistant Secretary
