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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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
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SEACOR Holdings, Inc. (the "Issuer")
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(Exact name of issuer as specified in charter)
11200 Westheimer, Suite 850
Houston, Texas 77042
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(Address of principal executive offices)
Issuer's telephone number, including area code: (713) 782-5990
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in
number of shares outstanding:
1. Title of Security: common stock, $.01 par value ("Common Stock")
2. Number of shares outstanding before the change: 9,622,599 (excluding
55,768 shares of Common Stock held in the Issuer's treasury)
3. Number of shares outstanding after the change: 11,790,932 (excluding
55,768 shares of Common Stock held in the Issuer's treasury)
4. Effective date of change: On or about July 12, 1996
5. Method of change: Specify method (such as merger, acquisition,
exchange, distribution, stock split, reverse
split, acquisition of stock for treasury, etc.)
Conversion of 6.0% Convertible Subordinated Notes due July 1, 2003 (the
"6.0% Notes")
Give brief description of transaction:
On July 6, 1996, the Issuer notified First Trust National Association, as
trustee, of the Company's election to call the 6.0% Notes for redemption
on July 12, 1996. On July 12, 1996, the holders of the 6.0% Notes
converted the 6.0% Notes into shares of Common Stock at a ratio of 39.024
shares of Common Stock per $1,000 principal amount of the 6.0% Notes. The
entire $55,250,000 principal amount outstanding of the 6.0% Notes was
converted into 2,156,083 shares of Common Stock.
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
July 22, 1996 /s/ Randall Blank
Chief Financial Officer, Executive
Vice President and Secretary
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Date (Officer's signature and title)
NYFS11...:\93\73293\0004\1711\FRM7226L.220
