SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported) July 16, 1996
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Hi-Shear Industries Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
1-7633 11-2406878
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(Commission File Number) (IRS Employer Identification Number)
3333 New Hyde Park Road, North Hills, NY 11042
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(Address of principal executive offices) (Zip Code)
(516) 627-8600
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(Registrant's Telephone Number, Including Area Code)
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Item 5. Other Events
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On July 16, 1996 Registrant announced an initial liquidating
distribution of $4.00 per share payable August 1, 1996 to
stockholders of record July 25, 1996. Concurrent with this
announcement, Registrant was notified by the New York Stock
Exchange that it intended to make application to the Securities
and Exchange Commission on August 1, 1996 to delist the common
stock of the Registrant.
SIGNATURE
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Pursuant to the requirements of the Securities Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereby duly authorized.
DATED: July 22, 1996
HI-SHEAR INDUSTRIES INC.
By: /s/ Victor J. Galgano
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Victor J. Galgano
Chief Financial Officer
