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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
Micrografx, Inc.
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(Exact name of issuer as specified in charter)
1303 Arapaho Road, Richardson, Texas 75081
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(Address of principal executive offices)
Issuer's telephone number, including area code: (214) 234-1769
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in number of
shares outstanding:
1. Title of Security: $.01 par value Common Stock ("Common Shares")
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2. Number of shares outstanding before the change: 8,588,708
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3. Number of shares outstanding after the change: 9,471,244
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4. Effective date of change: April 2, 1996*
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5. Method of change:
Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock for
treasury, etc.): Merger
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Give brief description of transaction: On April 2, 1996,
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Visual Software, Inc. ("Visual") merged with and into a wholly owned
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subsidiary of Micrografx, Inc. ("Micrografx"), pursuant to an
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Agreement and Plan of Merger. In addition , Micrografx agreed to
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issue Common Shares to three minority shareholders of an 80% owned
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subsidiary of Visual in exchange of their outstanding shares of such
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subsidiary. These transactions will result in the issuance by
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Micrografx of an aggregate of 882,536 Common Shares once the letters
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of transmittal sent to Visual shareholders are surrendered for
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exchange and various other documents from such minority shareholders
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are received.
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II. CHANGE IN NAME OF ISSUER
1. Name prior to change: N/A
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2. Name after change:
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3. Effective date of charter amendment changing name:
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4. Date of shareholder approval of change, if required:
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* April 2, 1996 was the effective date of the merger. It is estimated
that the merger and the other transactions contemplated thereby will
result in an increase of 5% or more in the number of shares
outstanding during the latter part of April when the letters of
transmittal surrendered by Visual shareholders are processed by the
registrant's transfer agent.
April 17, 1996 /s/ Gregory A. Peters
(Date) ------------------------------------
Gregory A. Peters
Chief Financial Officer
(Officer's signature and title)
