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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-C
Report by Issuer of Securities Quoted on NASDAQ
Inter-Dealer Quotation System Filed Pursuant to
Section 13 or 15(d) of the Securities Exchange Act
of 1934 and Rules 13a-17 and 15d-17 Thereunder
Exact name of registrant as specified in its charter:
National Securities Corporation
Address of principal executive offices:
1001 Fourth Avenue, Suite 2200, Seattle, WA 98154
Registrant's telephone number, including area code:
(206) 622-7200
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in
the number of shares outstanding:
1. Title of Security: Common Stock
2. Number of shares outstanding before the change: 702,463
3. Number of shares outstanding after the change: 802,614
4. Effective date of change: Various
5. Method of change: New issue.
Brief description of transaction: On June 5, 1996, 5,000 common shares
were issued pursuant to an option exercise at $5.00 per share. On June 14,
1996, the company issued a 5% common stock dividend to shareholders of record
on June 4, 1996. On June 28, 1996 the company issued 60,000 common shares in
accordance with the terms of an agreement entered into by the company in June,
1995.
II. CHANGE IN NAME OF ISSUER
Not applicable
Date: July 1, 1996 /s/ ROBERT J. KOLLACK
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Robert J. Kollack
President
