SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
CyberGuard Corporation
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class of Securities)
231910100
(CUSIP Number)
Karen G. Fink, Esq.
Vice President, General Counsel and Secretary
Concurrent Computer Corporation
2101 West Cypress Creek Road
Fort Lauderdale, Florida 33309
(954) 974-1700
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
Copy toL
Eric L. Cochran, Esq.
Skadden, Arps, Slate, Meagher & Flom
919 Third Avenue
New York, New York 10022
(212) 735-3000
August 21, 1996
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a
statement on Schedule 13G to report the acquisition which
is the subject of this Schedule 13D, and is filing this
Schedule because of Rule 13d-1(b)(3) or (4), check the
following box: [ ]
Check the following box if a fee is being paid
with this statement: [ ]
CUSIP No. 231910100
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Concurrent Computer Corporation
I.R.S. Identification No. 04-2735766
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)[ ]
(b)[ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS
OO
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH
7. SOLE VOTING POWER
591,678
8. SHARED VOTING POWER
0
9. SOLE DISPOSITIVE POWER
591,678
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
591,678
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
[ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.6%
14. TYPE OF REPORTING PERSON
CO
This Amendment No. 1 to Schedule 13D amends a
Schedule 13D previously filed on July 8, 1996 with
respect to shares of common stock (the "CyberGuard Common
Stock") of CyberGuard Corporation, a Florida corporation
(the "Issuer"), owned by Concurrent Computer Corporation
("Concurrent"), a Delaware corporation. Changes from the
initial Schedule 13D are set forth in Rows 7, 9, 11 and
13 of the cover page and in Item 5. These changes reflect
the sale of 91,500 shares of CyberGuard Common Stock by
Concurrent from August 5, 1996 through August 27, 1996,
as set forth on Annex A, which sales surpassed one
percent of the shares of CyberGuard Common Stock
outstanding as of July 29, 1996 upon the consummation of
the sale of of 2,000 shares of CyberGuard Common Stock on
August 21, 1996 (see Annex A hereto).
Item 5. Interest in Securities of the Issuer.
(a)-(c) From August 5, 1996 through August 27, 1996,
Concurrent sold 91,500 shares of Cyberguard Common Stock.
As a result of these sales, as of the date of this
filing, Concurrent had sole voting and dispositive power
with respect to 591,678 shares of CyberGuard Common
Stock. This amount represents 8.6% of the shares
outstanding as of July 29, 1996.
SIGNATURE
After reasonable inquiry and to the best of my
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete
and correct.
Dated: August 28, 1996
Concurrent Computer Corporation
By: /s/Karen G. Fink
Karen G. Fink
Vice President, General Counsel
and Secretary
ANNEX A
SALES OF CYBERGUARD COMMON STOCK
BY CONCURRENT COMPUTER CORPORATION
TRADE DATE QUANTITY SALE PRICE
08/05/96 5000 10
08/08/96 3000 10 1/8
08/08/96 6000 10 1/4
08/08/96 1500 10 1/4
08/12/96 6000 10
08/13/96 6000 10
08/14/96 2000 10 1/2
08/14/96 2000 10
08/14/96 2000 10 1/4
08/14/96 2000 11 1/4
08/14/96 2000 10 3/4
08/15/96 2000 10 1/2
08/15/96 2000 11
08/15/96 2000 10 1/2
08/16/96 2000 11 1/2
08/16/96 2000 11 1/8
08/16/96 4000 11 1/8
08/16/96 2000 10 5/8
08/16/96 2000 10 7/8
08/19/96 1500 11 1/2
08/19/96 8000 11 1/8
08/20/96 2000 11
08/21/96 2000 11
08/22/96 6000 11 1/4
08/22/96 2000 11
08/22/96 2000 11 3/8
08/23/96 6000 11
08/26/96 6000 11
08/27/96 500 10 3/4
SIGNATURE
After reasonable inquiry and to the best of my
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete
and correct.
Dated: August 28, 1996
Concurrent Computer Corporation
By:
Karen G. Fink
Vice President, General Counsel
and Secretary
