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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 1O-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
DEKALB GENETICS CORPORATION
(Exact name of issuer as specified in charter)
3100 Sycamore Road, DeKalb, Illinois 60115
(Address of principal executive offices)
Issuer's telephone number, including area code (815) 758-3461
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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 Class B Common Stock, without par value
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2. Number of Shares outstanding before the change 4,400,180
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3. Number of shares outstanding after the change 4,865,319
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4. Effective date of change March 8, 1996
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5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution,
stock-split, acquisition of stock for treasury, etc.)
Exchange and original issuance.
Give brief description of transaction. Holders of the Class A Common
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Stock, without par value, of the issuer are permitted to exchange such shares on
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a share for share basis for shares of
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Class B Common Stock. The change in number of shares outstanding reflects such
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exchanges as well as the issuance of 378,000 shares of Class B Common Stock on
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March 8, 1996 to Monsanto Company, a Delaware corporation ("Monsanto"), at a
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price of $65.00 per share, Pursuant to and in accordance with the terms of the
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Investment Agreement dated as of January 31. 1996 between Monsanto and the
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issuer.
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II. CHANGE IN NAME OF ISSUER
Not Applicable.
Date: March 8. 1996 John H. Witmer, Jr.
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John H. Witmer, Jr.