UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7)
PSICOR, INC.
(Name of Issuer)
Common Stock, No par value
(Title of Class of Securities)
744901 10 9
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the filing person: (1) has a previous statement
on file reporting the beneficial ownership of more than five percent of the
class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities and
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
<PAGE>
All information as of December 31, 1995
1. Name of reporting person: Michaael W. Dunaway
S.S. or I.R.S. Identification No. of Above Person: ###-##-####
2. Check Appropriate Box if a member of a group* (a) [ ]
(b) [ ]
3. SEC use only
4. Citizenship or Place of Organization: United States
Number of 5. Sole Voting Power
Shares 20,634
Beneficially 6. Shared Voting Power
Owned by 1,917,526
Each 7. Sole Dispositive Power
Reporting 20,634
Person With 8. Shared Dispositive Power
1,917,526
9. Aggregate Amount Beneficially owned by each reporting person:
1,938,160
10. Check Box if the Aggregate amount in Row (9) excludes
certain shares [ ]
11. Percent of Class Represented by Amount in Row (9):
44.45%
12. Type of Reporting Person: IN
<PAGE>
Item 1(a) Name of Issuer:
PSICOR, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
16818 Via del Campo Court
San Diego, California 92127
Item 2(a) Name of Person Filing: Michael W. Dunaway
Item 2(b) Address of Principal Business Office:
955 S. Andreasen Dr.
Escondido, California 92029
Item 2(c) Citizenship: United States
Item 2(d) Title of Class of Securities: Common Stock, No Par Value
Item 2(e) CUSIP Number: 744901 10 9
Item 3 If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), check whether the person filing is a:
Not Applicable
Item 4 Ownership as of December 31, 1995
(a) Amount beneficially owned: 1,938,160
(b) Percent of class: 44.45%
(c) Number of shares as to which Reporting Person has:
(i) sole power to vote or to direct the vote: 20,634<F1>
(ii) shared power to vote or to direct the vote:
1,917,526<F2>
(iii) sole power to dispose or to direct the disposition of:
20,634<F1>
(iv) shared power to dispose or to direct the disposition
of: 1,917,526<F2>
<F1> Includes 4,971 shares held in the PSICOR, Inc. Employee
Stock Ownership Plan ("ESOP") by Mr. Dunaway and 1,763
shares held in the ESOP by the spouse of Mr. Dunaway.
<F2> Mr. Dunaway shares voting and dispositive power with
respect to 1,917,526 shares held in a revocable living trust
for which Mr. Dunaway and his spouse are co-trustees. Mr.
Dunaway is a settlor of the trust and has the power to
revoke the trust unilaterally.
Item 5 Ownership of Five Percent or Less of a Class.
Not Applicable.
Item 6 Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable.
Item 7 Identification and Classification of the Subsidiary
which Acquired the Security Being Reported On By the
Parent Holding Company.
Not Applicable.
Item 8 Identification and Classification of Members of the Group.
Not Applicable.
Item 9 Notice of Dissolution of Group.
Not Applicable.
Item 10 Certification.
Not Applicable.
<PAGE>
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
DATED: February 16, 1996
/S/ MICHAEL W. DUNAWAY
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MICHAEL W. DUNAWAY
