SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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
Electrosource, Inc.
(Exact name of issuer as specified in charter)
3800B Drossett Drive
Austin, Texas 78744-1131
(Address of principal executive offices)
Issuer's telephone number, including area code: (512) 445-6606
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, par value $.10 per share.
2. Number of shares outstanding before the change: 18,082,577
3. Number of shares outstanding after the change: 19,038,107
4. Effective date of change: June 20, 1995
5. Method of change:
Specify method (such as merger, acquisition, exchange,
distributions, stock split, reverse split, acquisition of stock
for treasury, etc.): Issuance of shares for cash in various
transactions.
Give brief description of transaction: On June 7 and 9,
1995, the Company issued 25,000 and 2,500 shares of Common Stock,
respectively, upon the exercise of options granted under the 1987
Stock Option Plan. On June 15, 19 and 20, there were issued
625,000, 233,100 and 69,930 shares of Common Stock, respectively,
as a result of the conversion of Convertible Debentures issued
under an April 12, 1995, placement reported on Form 8-K filed
Apriled 25, 1995, and on Form 10-Q for the period ending March
31, 1995.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change: Not Applicable.
2. Name after change: Not Applicable.
3. Effective date of charter amendment changing name: Not
Applicable.
4. Date of shareholder approval of change, if required: Not
Applicable.
Date: June 20, 1995
/s/James M. Rosel
James M. Rosel, Vice President
(Officer's signature and title)
