<PAGE>
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
InnerDyne, Inc.
---------------------------------------------------
(Exact name of issuer as specified in charter)
1244 Reamwood Avenue, Sunnyvale, CA 94089
---------------------------------------------------
(Address of principal executive offices)
Issuer's telephone number, including area code: (408) 745-6010
----------------
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: 18,709,634 as of May 17, 1996
---------------------------------------------------------
3. Number of shares
outstanding after
the change: 21,209,634
---------------------------------------------------------
4. Effective date
of change: 5/20/96
---------------------------------------------------------
5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.):
Secondary public offering of Common Stock
- -------------------------------------------------------------------------
Give brief description of transaction:
Issuance of shares of Common Stock pursuant to a secondary public
offering registered under the Securities Act of 1933, as amended
- -------------------------------------------------------------------------
II. CHANGE IN NAME OF ISSUER
1. Name prior to change: N/A
------------------------------------------------
2. Name after change: N/A
---------------------------------------------------
3. Effective date
of charter amendment
changing name: N/A
-------------------------------------------------------
4. Date of shareholder
approval of change,
if required: N/A
---------------------------------------------------------
Date: May 22, 1996 /s/ WILLIAM G. MAVITY
-------------- --------------------------------------
William G. Mavity, President and
Chief Executive Officer