SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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
PSC Inc.
(Exact name of Issuer as specified in charter)
675 Basket Road, Webster, New York 14580
(Address of principal executive offices)
Issuer's telephone number, including area code: (716) 265-1600
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any changes (increase or decrease) of 5% or more in the number of
shares outstanding:
Title of Security: Common Shares
Number of shares outstanding before the change: 10,040,776
Number of shares outstanding after the change: 11,017,911
Effective date of change: July 12, 1996
Method of change: (Specify method such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock for treasury,
etc.)
Issuance of Common Shares in an Acquisition
Give brief description of transaction.
On July 12, 1996, the Company issued 977,135 of its authorized but unissued
Common Shares to Spectra-Physics, Inc. ("Seller") pursuant to an Asset and Stock
Purchase Agreement dated May 20, 1996 as partial consideration for the purchase
of certain of Seller's assets.
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II. CHANGE IN NAME OF ISSUER N/A
Name prior to change:
Name after change:
Effective date of charter amendment changing name:
Date of shareholder approval of change, if required:
Date: July 17, 1996 /s/ William J. Woodard
William J. Woodard
Vice President, Finance & Treasurer
/s/ Scott D. Deverell
Scott D. Deverell
Controller & Principal Accounting Officer