CAPSTONE PHARMACY SERVICES INC
10-C, 1996-04-24
DRUGS, PROPRIETARIES & DRUGGISTS' SUNDRIES
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<PAGE>   1
                      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


                       Capstone Pharmacy Services, Inc.
- --------------------------------------------------------------------------------
                (Exact name of issuer as specified in charter)

             2930 Washington Boulevard, Baltimore, Maryland 21230
- --------------------------------------------------------------------------------
                   (Address of principal executive offices)

Issuer's telephone number, including area code  (410) 646-6987
                                              ----------------------------------

                  I. CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any change (increase or decrease) of 5% or more in the number of 
shares outstanding:

1. Title of security   common stock
                      ----------------------------------------------------------

2. Number of shares outstanding before the change   14,623,002
                                                   -----------------------------

3. Number of shares outstanding after the change   15,658,002
                                                  ------------------------------

4. Effective date of change   April 17, 1996
                             ---------------------------------------------------

5. Method of change:

       Specify method (such as merger, acquisition, exchange, distribution,
       stock split, reverse split, acquisition of stock for treasury, etc.)

       Offering
- --------------------------------------------------------------------------------

       Give brief description of transaction   Private placement of common 
                                               ---------------------------------
       stock to accredited investors.
- --------------------------------------------------------------------------------

                         II. CHANGE IN NAME OF ISSUER

1. Name prior to change
                        --------------------------------------------------------
                       
2. Name after change                                                            
                     -----------------------------------------------------------
                                                    
3. Effective date of charter amendment changing name
                                                     ---------------------------
                                                      
4. Date of shareholder approval of change, if required
                                                       -------------------------

Date  April 19, 1996                        /s/ Donald W. Hughes
    ----------------------                  ------------------------------------
                                            Vice President, Chief Financial
                                            Officer and Secretary




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