Page 1
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
Quantum Health Resources, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
74763L105
(CUSIP Number)
Charles A. Nalbone, Bear, Stearns & Co. Inc.
115 South Jefferson Road, Whippany, NJ 07981
(201) 739-2202
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 24, 1996
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d-1(b) (3) or (4), check the
following box [ ] .
Check the following box if a fee is being paid with this statement
[ X ] . (A fee is not required only if the reporting person: 1) has a
previous statement on file reporting beneficial ownership of more than
five percent of the class of securities described in Item 1; and 2) has
filed no amendment subsequent thereto reporting beneficial ownership of five
percent or less of such class. (See Rule 13d-7)
Note: When filing this statement, in paper format, six copies of
this statement, including exhibits, should be filed with the Commission.
See Rule 13d-1(a) for other parties to whom copies are to be sent.
Page 2
CUSIP NO. 74763L105
13D
NAME OF REPORTING PERSON
S.S. OR I.R.S. NOTIFICATION NO. OF ABOVE PERSON:
1 BEAR, STEARNS & CO. INC.
IRS #13-3299429
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*:
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS*:
WC, PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d)(e):
[ X ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION:
Delaware
7 SOLE VOTING POWER:
1,141,459 (As of 6/25/96)
8 SHARED VOTING POWER:
96,000 (As of 6/25/96)
9 SOLE DISPOSITIVE POWER:
1,141,459 (As of 6/25/96)
10 SHARED DISPOSITIVE POWER:
96,000 (As of 6/25/96)
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,237,459 (As of 6/25/96)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*:
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
8.2 (As of 6/25/96)
14 TYPE OF REPORTING PERSON*:
BD
See Instructions Before Filling Out!
Page 3
SCHEDULE 13D
Item 1: Security and Issuer
(a) Title and Class: Common Stock
(b) Name and address: Quantum Health Resources, Inc.
Two Parkwood Crossing
310 East 96th Street, Ste. 300
Indianapolis, IN 46240
Item 2: Identity and Background Identity
(a) Name: Bear, Stearns & Co. Inc. ("Bear
Stearns")
(b) Place of Organization: Delaware
(c)(i) Principal Business: Securities Broker/Dealer
(ii) Address: 245 Park Avenue
New York, NY 10167
The following information with respect to each executive officer and
director of Bear Stearns is set forth on Appendix I hereto: (i) name,
(ii) business address, and (iii) principal occupation or employment.
(d) None
(e) See Appendix II
(f) See Appendix I
Item 3: Source and Amount of Funds or Other Consideration
Working capital of Bear Stearns and personal funds of discretionary
clients. The aggregate purchase price of the 3,545,943 shares of Common Stock
was approximately $58,963,657.00.
Item 4: Purpose of Transaction
Bear Stearns has acquired the Common Stock of Quantum Health Resources,
Inc. in the ordinary course of its business as a broker/dealer in connection
with its trading and investment activities. Bear Stearns may acquire
additional securities of the Issuer or dispose of securities of the
Issuer in connection with such trading and investment activities. Although
the foregoing represents the range of activities presently contemplated by
Bear Stearns with respect to the Issuer, it should be noted that the possible
activities of Bear Stearns are subject to change at any time.
Except as set forth above, Bear Stearns has no present plans or
intentions which relate to or would result in any of the actions described in
subparagraph (a) through (j) of Item 4 of Schedule 13D.
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SCHEDULE 13D
Item 5: Interest in Securities of the Issuer as of 6/25/96
(a) Number: 1,237,459*
Percentage: 8.2*
(b) 1. Sole power to vote or to direct the vote: 1,141,459*
2. Shared power to vote or to direct the vote: 96,000*
3. Sole power to dispose or to direct the disposition: 1,141,459*
4. Shared power to dispose or to direct the disposition: 96,000*
(c) Information concerning transactions in the common stock effected by
Bear Stearns is set forth on Appendix III hereto.
(d) Inapplicable.
(e) Inapplicable.
Item 6: Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer:
None
Item 7: Material to be Filed as Exhibits:
None
* As of June 24, 1996, Bear Stearns owned a total of 970,393 Common
Shares of the Issuer which represented 6.4 percent of the Common
Shares outstanding of the Issuer. Of this 970,393 Common Shares of
the Issuer owned, Bear Stearns had sole voting and sole dispositive
power over 914,393 shares and shared voting and shared dispositive
power over 56,000 shares.
Page 5
Signature:
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
Dated: BEAR, STEARNS & CO. INC.
By: /s/
Barry Cohen
Senior Managing Director
APPENDIX I
DIRECTORS AND EXECUTIVE OFFICERS OF BEAR, STEARNS & CO. INC.
Name Principal Occupation or Employment
Alan C. Greenberg Chairman of the Board and Director
James E. Cayne President, Chief Executive Officer and Director
Alan D. Schwartz Executive Vice President and Director
Warren J. Spector Executive Vice President and Director
Michael L. Tarnopol Executive Vice President and Director
John L. Knight Director
John M. Slade Director Emeritus
Kenneth L. Edlow Secretary
William J. Montgoris Chief Financial Officer and Chief Operating Officer
Michael J. Abatemarco Controller and Assistant Secretary
Michael Minikes Treasurer
Frederick B. Casey Assistant Treasurer
Mark E. Lehman Executive Vice President, General Counsel and
Director
Samuel L. Molinaro, Jr. Senior Vice President - Finance
John L. Knight is a citizen of the United Kingdom and his business
address is One Canada Square London E16 5AD England. Michael J. Abatemarco
is a citizen of the United States and his business address is One Metrotech
Center North, Brooklyn, New York 11201. All other Directors and Executive
Officers are citizens of the United States and their business address is 245
Park Avenue, New York, New York 10167. Bear, Stearns & Co. Inc. is a
wholly-owned subsidiary of The Bear Stearns Companies Inc. and of the persons
named, all but John L. Knight hold similar office in the parent company.
APPENDIX II
REGULATORY
November 19, 1991: The Commodity Futures Trading Commission filed
its complaint against Bear Stearns and Stephen Johnson. Bear Stearns entered
into a simultaneous settlement without admitting or denying the charges which
had alleged three counts of violation of the Commodity Exchange Act: (i)
failure to prepare a written record of orders including the account
identification for orders placed on the Chicago Mercantile Exchange from the
Dallas Branch Cattle Desk in the period July 1986 to February 1988
(Regulation 1.35 (a-l) (2)); (ii) failure to supervise the Dallas Branch
Office Cattle Desk and the CME Floor (Regulation 166.3); and (iii) violation
of a July 25, 1986 Cease and Desist involving failure to supervise order
entry process. Bear Stearns neither admitting or denying the charges, paid
$250,000 in settlement, and is ordered to cease and desist further violations
of these three regulations.
January 16, 1992: In the Matter of the Distribution of Securities
Issued by Certain Government Sponsored Enterprises: We, along with most of
the other major dealers and banks, have settled an SEC administrative
proceeding relating to our participation in the primary distributions of
certain unsecured debt securities issued by GSEs (such as Fannie Mae,
Freddie Mac, Federal Home Bank) by agreeing to a $100,000 fine, an order
that we cease and desist from any further recordkeeping violations in
connection with the distribution of the securities and undertaking to
develop, implement and maintain policies reasonably designed to assure our
future compliance with proper recordkeeping rules.
APPENDIX III
BEAR, STEARNS & CO. INC.
Quantum Health Resources, Inc.
Trading from 4/25/96 through 6/25/96
DATE QUANTITY DESCRIPTION PRICE / ENTRY AMOUNT
6/25/96 -40,000 Quantum Health Resources 17.1250 685,000.03-
6/25/96 600,000 Quantum Health Resources 17.0000 10,200,000.00
6/25/96 -1,000 Quantum Health Resources 17.1250 17,125.00-
6/25/96 -1,000 Quantum Health Resources 17.1250 17,125.00-
6/25/96 -1,900 Quantum Health Resources 17.2500 32,775.00-
6/25/96 -2,000 Quantum Health Resources 17.1250 34,250.00-
6/25/96 -4,000 Quantum Health Resources 17.0625 68,250.00-
6/25/96 -5,000 Quantum Health Resources 17.1875 85,937.50-
6/25/96 -5,000 Quantum Health Resources 17.0625 85,312.50-
6/25/96 -8,000 Quantum Health Resources 17.0625 136,500.00-
6/25/96 -10,000 Quantum Health Resources 17.1875 171,875.00-
6/25/96 -10,000 Quantum Health Resources 17.1250 171,250.00-
6/25/96 -25,000 Quantum Health Resources 17.1250 428,125.00-
6/25/96 -34 Quantum Health Resources 17.2500 586.50-
6/25/96 -300,000 Quantum Health Resources 17.1250 5,137,500.03-
6/24/96 300,000 Quantum Health Resources 17.0000 5,100,000.00
6/24/96 -45,000 Quantum Health Resources 17.1250 770,625.00-
6/20/96 1,000 Quantum Health Resources 17.1250 17,125.00
6/20/96 10,000 Quantum Health Resources 17.1250 171,250.00
6/20/96 -100 Quantum Health Resources 17.1250 1,712.50-
6/20/96 -500 Quantum Health Resources 17.1250 8,562.50-
6/20/96 -3,500 Quantum Health Resources 17.1250 59,937.50-
6/19/96 5,000 Quantum Health Resources 17.2500 86,250.00
6/18/96 1,000 Quantum Health Resources 17.3750 17,375.00
6/17/96 500 Quantum Health Resources 17.6250 8,812.50
6/17/96 500 Quantum Health Resources 17.6875 8,843.75
6/17/96 1,000 Quantum Health Resources 17.6250 17,625.00
6/17/96 1,000 Quantum Health Resources 17.6875 17,687.50
6/17/96 1,000 Quantum Health Resources 17.6875 17,687.50
6/17/96 1,000 Quantum Health Resources 17.6250 17,625.00
6/17/96 1,000 Quantum Health Resources 17.6250 17,625.00
6/17/96 4,500 Quantum Health Resources 17.6250 79,312.50
6/17/96 10,000 Quantum Health Resources 17.6250 176,250.00
6/17/96 -1,000 Quantum Health Resources 17.8750 17,875.00-
6/17/96 -1,000 Quantum Health Resources 17.8750 17,875.00-
6/14/96 100 Quantum Health Resources 17.6875 1,768.75
6/14/96 100 Quantum Health Resources 17.6875 1,768.75
6/14/96 1,000 Quantum Health Resources 17.6875 17,687.50
6/14/96 1,700 Quantum Health Resources 17.6875 30,068.75
6/14/96 2,000 Quantum Health Resources 17.6875 35,375.00
6/14/96 3,100 Quantum Health Resources 17.6875 54,831.25
6/14/96 7,000 Quantum Health Resources 17.6875 123,812.50
6/14/96 -8,000 Quantum Health Resources 17.7500 142,000.00-
6/13/96 300 Quantum Health Resources 17.5625 5,268.75
6/13/96 500 Quantum Health Resources 17.5625 8,781.25
6/13/96 500 Quantum Health Resources 17.5625 8,781.25
6/13/96 1,000 Quantum Health Resources 17.3750 17,375.00
6/13/96 1,000 Quantum Health Resources 17.5625 17,562.50
6/13/96 2,000 Quantum Health Resources 17.5625 35,125.00
6/13/96 5,000 Quantum Health Resources 17.5625 87,812.50
6/13/96 5,000 Quantum Health Resources 17.5625 87,812.50
6/13/96 5,000 Quantum Health Resources 17.5625 87,812.50
6/13/96 7,500 Quantum Health Resources 17.5625 131,718.75
6/13/96 8,200 Quantum Health Resources 17.5625 144,012.50
6/13/96 -10,000 Quantum Health Resources 17.6250 176,250.00-
6/12/96 100 Quantum Health Resources 17.6250 1,762.50
6/12/96 1,000 Quantum Health Resources 17.5000 17,500.00
6/12/96 1,000 Quantum Health Resources 17.5000 17,500.00
6/12/96 1,000 Quantum Health Resources 17.6250 17,625.00
6/12/96 1,100 Quantum Health Resources 17.6250 19,387.50
6/12/96 2,000 Quantum Health Resources 17.6250 35,250.00
6/12/96 2,000 Quantum Health Resources 17.0625 35,375.00
6/12/96 2,500 Quantum Health Resources 17.5625 43,906.25
6/12/96 3,900 Quantum Health Resources 17.6250 68,737.50
6/12/96 4,800 Quantum Health Resources 17.6250 84,600.00
6/12/96 5,000 Quantum Health Resources 17.5625 87,812.50
6/12/96 5,000 Quantum Health Resources 17.5625 87,812.50
6/12/96 5,000 Quantum Health Resources 17.6875 88,437.50
6/12/96 5,300 Quantum Health Resources 17.6250 93,412.50
6/12/96 6,100 Quantum Health Resources 17.6250 107,512.50
6/12/96 7,500 Quantum Health Resources 17.5625 131,718.75
6/12/96 -500 Quantum Health Resources 17.2031 8,820.31-
6/12/96 -1,000 Quantum Health Resources 17.5000 17,500.00-
6/12/96 -1,000 Quantum Health Resources 17.5000 17,500.00-
6/12/96 -1,300 Quantum Health Resources 17.6250 22,912.50-
6/12/96 -10,000 Quantum Health Resources 17.6875 176,875.00-
6/11/96 100 Quantum Health Resources 17.1250 1,712.50
6/11/96 1,000 Quantum Health Resources 16.9375 16,937.50
6/11/96 2,000 Quantum Health Resources 17.1250 34.250.00
6/10/96 1,000 Quantum Health Resources 17.0000 17,000.00
6/7/96 1,000 Quantum Health Resources 17.0000 17,000.00
6/7/96 800 Quantum Health Resources 16.8125 13,450.00
6/7/96 1,000 Quantum Health Resources 16 9400 16,940.00
6/7/96 1,000 Quantum Health Resources 16.6250 16,625.00
6/7/96 2,500 Quantum Health Resources 16 8480 42,120.00
6/7/96 -5,000 Quantum Health Resources 17.2500 86,250.00-
6/7/96 1,000 Quantum Health Resources 17.3750 17,375.00
6/7/96 2,000 Quantum Health Resources 17.5000 35,000.00
6/7/96 130 Quantum Health Resources 17.5000 2,275.00
6/5/96 3,500 Quantum Health Resources 17.5000 61,250.00
5/31/96 1,000 Quantum Health Resources 17.6250 17,625.00
5/31/96 5,000 Quantum Health Resources 17.6250 88,125.00
5/31/96 25,000 Quantum Health Resources 17 5900 439,750.00
5/31/96 -100 Quantum Health Resources 17.6875 1,768.75-
5/31/96 -100 Quantum Health Resources 17.6875 1,768.75-
5/31/96 -1,000 Quantum Health Resources 17.6250 17,625.00-
5/31/96 -2,500 Quantum Health Resources 17.6250 44,062.50-
5/31/96 -5,000 Quantum Health Resources 17.6875 88,437.50-
5/31/96 -6,000 Quantum Health Resources 17.6250 105,750.00-
5/31/96 -15,000 Quantum Health Resources 17 7000 265,500.00-
5/30/96 20,000 Quantum Health Resources 17 5300 350,600.00
5/30/96 200 Quantum Health Resources 17.2500 3,450.00
5/30/96 -13,000 Quantum Health Resources 17 6500 229,450.00-
5/29/96 1,000 Quantum Health Resources 17.5000 17,500.00
5/28/96 100 Quantum Health Resources 17.3750 1,737.50
5/28/96 1,000 Quantum Health Resources 17.3750 17,375.00
5/28/96 2,000 Quantum Health Resources 17.8750 35,750.00
5/28/96 3,000 Quantum Health Resources 17.8750 53,625.00
5/28/96 4,000 Quantum Health Resources 17.3750 69,500.00
5/28/96 72,100 Quantum Health Resources 17 7975 1,283,199.75
5/28/96 -4,000 Quantum Health Resources 17.6875 70,750.00-
5/24/96 200 Quantum Health Resources 17.2500 3,450.00
5/24/96 300 Quantum Health Resources 17.2500 5,175.00
5/24/96 500 Quantum Health Resources 17.2500 8,625.00
5/24/96 1,000 Quantum Health Resources 17.5000 17,500.00
5/24/96 1,000 Quantum Health Resources 17.3750 17,375.00
5/24/96 1,000 Quantum Health Resources 17.5000 17,500.00
5/24/96 1,000 Quantum Health Resources 17.5625 17,562.50
5/24/96 1,000 Quantum Health Resources 17.5000 17,500.00
5/24/96 1,000 Quantum Health Resources 17.2500 17,250.00
5/24/96 1,000 Quantum Health Resources 17.2500 17,250.00
5/24/96 1,000 Quantum Health Resources 17.2500 17,250.00
5/24/96 1,000 Quantum Health Resources 17.2500 17,250.00
5/24/96 1,000 Quantum Health Resources 17.2500 17,250.00
5/24/96 1,000 Quantum Health Resources 17.2500 17,250.00
5/24/96 1,000 Quantum Health Resources 17.2500 17,250.00
5/24/96 1,000 Quantum Health Resources 17.2500 17,250.00
5/24/96 1,000 Quantum Health Resources 17.2500 17,250.00
5/24/96 1,000 Quantum Health Resources 17.3750 17,375.00
5/24/96 1,000 Quantum Health Resources 17.3750 17,375.00
5/24/96 1,500 Quantum Health Resources 17.5000 26,250.00
5/24/96 2,000 Quantum Health Resources 17.2500 34,500.00
5/24/96 2,000 Quantum Health Resources 17.3750 34,750.00
5/24/96 2,000 Quantum Health Resources 17.3125 34,625.00
5/24/96 2,500 Quantum Health Resources 17.5000 43,750.00
5/24/96 3,000 Quantum Health Resources 17.2500 51,750.00
5/24/96 5,000 Quantum Health Resources 17.2500 86,250.00
5/24/96 -5,000 Quantum Health Resources 17 3250 86,250.00-
5/24/96 -20,000 Quantum Health Resources 17 1270 342,540.00-
5/23/96 1,000 Quantum Health Resources 17.0000 17,000.00
5/23/96 1,000 Quantum Health Resources 17.0000 17,000.00
5/23/96 1,000 Quantum Health Resources 16.8750 16,875.00
5/23/96 1,900 Quantum Health Resources 17.1250 32,537.50
5/23/96 2,500 Quantum Health Resources 17.1250 42,812.50
5/23/96 3,000 Quantum Health Resources 17.0625 51,187.50
5/23/96 5,000 Quantum Health Resources 17.0625 85,312.50
5/23/96 7,500 Quantum Health Resources 17.1250 128,437.50
5/23/96 10,000 Quantum Health Resources 17.1250 171,250.00
5/23/96 18,100 Quantum Health Resources 17.1250 309,962.50
5/23/96 -10,000 Quantum Health Resources 17.1250 171,250.00-
5/23/96 -20,000 Quantum Health Resources 17.1875 343,750.00-
5/22/96 100 Quantum Health Resources 16.7500 1,675.00
5/22/96 300 Quantum Health Resources 16.6875 5,006.25
5/22/96 4,700 Quantum Health Resources 16.6875 78,431.25
5/22/96 5,000 Quantum Health Resources 16.6875 83,437.50
5/22/96 10,000 Quantum Health Resources 16.6875 166,875.00
5/22/96 -41,000 Quantum Health Resources 16 7729 687,688.90-
5/21/96 150 Quantum Health Resources 16.5000 2,475.00
5/21/96 1,000 Quantum Health Resources 16.6250 16,625.00
5/21/96 2,000 Quantum Health Resources 16.6250 33,250.00
5/21/96 2,500 Quantum Health Resources 16.6875 41,718.75
5/21/96 5,000 Quantum Health Resources 16.6875 83,437.50
5/21/96 10,000 Quantum Health Resources 16.6250 166,250.00
5/21/96 -15,000 Quantum Health Resources 16.7500 251,250.00-
5/20/96 50 Quantum Health Resources 16.5000 825.00
5/20/96 700 Quantum Health Resources 16.5625 11,593.75
5/20/96 1,500 Quantum Health Resources 16.5625 24,843.75
5/20/96 4,000 Quantum Health Resources 16.5625 66,250.00
5/20/96 5,000 Quantum Health Resources 16.5625 82,812.50
5/20/96 7,800 Quantum Health Resources 16.5625 129,187.50
5/20/96 10,000 Quantum Health Resources 16.5625 165,625.00
5/20/96 10,000 Quantum Health Resources 16.5625 165,625.00
5/20/96 10,000 Quantum Health Resources 16.5625 165,625.00
5/20/96 14,600 Quantum Health Resources 16.5625 241,812.50
5/20/96 429,650 Quantum Health Resources 16 5025 7,090,299.13
5/20/96 -454,000 Quantum Health Resources 16 6250 7,547,750.00-
5/17/96 250 Quantum Health Resources 16.5000 4,125.00
5/17/96 125,000 Quantum Health Resources 16 5530 2,069,125.00
5/17/96 -100,000 Quantum Health Resources 16 6875 1,668,750.00-
5/16/96 22,000 Quantum Health Resources 16.5000 363,000.00
5/16/96 200,000 Quantum Health Resources 16 4713 3,294,260.00
5/16/96 -500 Quantum Health Resources 16.5625 8,281.25-
5/16/96 -4,800 Quantum Health Resources 16.5625 79,500.00-
5/16/96 -4,800 Quantum Health Resources 16.5625 79,500.00-
5/16/96 -5,000 Quantum Health Resources 16.5625 82,812.50-
5/16/96 -5,200 Quantum Health Resources 16.5625 86,125.00-
5/16/96 -10,000 Quantum Health Resources 16.5625 165,625.00-
5/16/96 -7,000 Quantum Health Resources 16.6250 116,375.00-
5/16/96 -210,000 Quantum Health Resources 16 6176 3,489,696.00-
5/15/96 300 Quantum Health Resources 16.6250 4,987.50
5/15/96 1,000 Quantum Health Resources 16.7500 16,750.00
5/15/96 1,000 Quantum Health Resources 16.7500 16,750.00
5/15/96 1,000 Quantum Health Resources 16.6250 16,625.00
5/15/96 1,000 Quantum Health Resources 16.6250 16,625.00
5/15/96 3,000 Quantum Health Resources 16.7500 50,250.00
5/15/96 40,000 Quantum Health Resources 16 5650 662,600.00
5/15/96 -73,000 Quantum Health Resources 16 7309 1,221,355.70-
5/14/96 5,000 Quantum Health Resources 16 4650 82,325.00
5/14/96 463 Quantum Health Resources 16.5000 7,639.50
5/14/96 1,000 Quantum Health Resources 16.7500 16,750.00
5/14/96 400,000 Quantum Health Resources 16 2370 6,494,800.00
5/14/96 -500 Quantum Health Resources 17.0000 8,500.00-
5/14/96 -700 Quantum Health Resources 17.0000 11,900.00-
5/14/96 -1,000 Quantum Health Resources 17.0000 17,000.00-
5/14/96 -1,000 Quantum Health Resources 16.6250 16,625.00-
5/14/96 -1,000 Quantum Health Resources 16.6250 16,625.00-
5/14/96 -6,000 Quantum Health Resources 16.7500 100,500.00-
5/14/96 -3,000 Quantum Health Resources 16 4781 49,434.30-
5/14/96 -50,000 Quantum Health Resources 16 4063 820,315.00-
5/14/96 -197,000 Quantum Health Resources 16 3531 3,221,560.70-
5/10/96 -1,000 Quantum Health Resources 16 1250 16,125.00-
5/10/96 200,000 Quantum Health Resources 15 9710 3,194,200.00
5/10/96 -2,000 Quantum Health Resources 16 2500 32,500.00-
5/10/96 -147,000 Quantum Health Resources 16 1250 2,370,375.00-
5/9/96 1,000 Quantum Health Resources 16.0000 16,000.00
5/9/96 1,000 Quantum Health Resources 16.0000 16,000.00
5/9/96 1,000 Quantum Health Resources 16.0000 16,000.00
5/9/96 1,000 Quantum Health Resources 16.1250 16,125.00
5/9/96 5,000 Quantum Health Resources 16.0000 80,000.00
5/9/96 100,000 Quantum Health Resources 16 0025 1,600,250.00
5/9/96 -300 Quantum Health Resources 16.1250 4,837.50-
5/9/96 -2,000 Quantum Health Resources 16.1875 32,375.00-
5/9/96 -3,000 Quantum Health Resources 16.1875 48,562.50-
5/9/96 -3,000 Quantum Health Resources 16.1250 48,375.00-
5/9/96 -20,000 Quantum Health Resources 16.0625 321,250.00-
5/9/96 -38,200 Quantum Health Resources 16 2007 618,866.74-
5/8/96 50,000 Quantum Health Resources 16 2500 812,500.00
5/8/96 1,000 Quantum Health Resources 16.2500 16,250.00
5/8/96 1,000 Quantum Health Resources 16.2500 16,250.00
5/8/96 10,000 Quantum Health Resources 16.2500 162,500.00
5/8/96 200,000 Quantum Health Resources 16 1525 3,230,500.00
5/8/96 1,000 Quantum Health Resources 15.6875 15,937.50
5/8/96 -700 Quantum Health Resources 16.3125 11,418.75-
5/8/96 -1,100 Quantum Health Resources 16.3125 17,943.75-
5/8/96 -1,400 Quantum Health Resources 16.3125 22,837.50-
5/8/96 -2,500 Quantum Health Resources 16.3125 40,781.25-
5/8/96 -3,300 Quantum Health Resources 16.3125 53,831.25-
5/8/96 -3,500 Quantum Health Resources 16.3125 57,093.75-
5/8/96 -3,600 Quantum Health Resources 16.3125 58,725.00-
5/8/96 -3,900 Quantum Health Resources 16.3125 63,618.75-
5/8/96 -5,200 Quantum Health Resources 16.2500 84,500.00-
5/8/96 -6,100 Quantum Health Resources 16.3125 99,506.25-
5/8/96 -50,000 Quantum Health Resources 16.3125 815,625.00-
5/8/96 -97,500 Quantum Health Resources 16 3125 1,590,468.75-
5/7/96 5,000 Quantum Health Resources 16.2500 81,250.00
5/7/96 500 Quantum Health Resources 16.2500 8,125.00
5/7/96 1,300 Quantum Health Resources 16.3750 21,287.50
5/7/96 1,700 Quantum Health Resources 16.3750 27,837.50
5/7/96 5,000 Quantum Health Resources 16.3750 81,875.00
5/7/96 5,000 Quantum Health Resources 16.3750 81,875.00
5/7/96 10,000 Quantum Health Resources 16.3750 163,750.00
5/7/96 10,000 Quantum Health Resources 16.3750 163,750.00
5/7/96 100 Quantum Health Resources 16.2500 1,625.00
5/6/96 300 Quantum Health Resources 16.2500 4,875.00
5/6/96 1,500 Quantum Health Resources 16.3125 24,468.75
5/6/96 200 Quantum Health Resources 16.2500 3,250.00
5/6/96 -7,500 Quantum Health Resources 16.3750 122,812.50-
5/3/96 1,550 Quantum Health Resources 16.3125 25,284.38
5/3/96 2,000 Quantum Health Resources 16.3125 32,625.00
5/3/96 5,000 Quantum Health Resources 16.2500 81,250.00
5/3/96 40,000 Quantum Health Resources 16 2500 650,000.00
5/3/96 550 Quantum Health Resources 15.6875 8,765.63
5/3/96 -5,000 Quantum Health Resources 16.3125 81,562.50-
5/3/96 -39,500 Quantum Health Resources 16.3750 646,812.54-
5/2/96 200 Quantum Health Resources 15.8750 3,175.00
5/2/96 1,100 Quantum Health Resources 16.0000 17,600.00
5/2/96 1,800 Quantum Health Resources 16.1875 29,137.50
5/2/96 400 Quantum Health Resources 16.2500 6,500.00
5/2/96 1,000 Quantum Health Resources 16.5000 16,500.00
5/2/96 1,000 Quantum Health Resources 16.5000 16,500.00
5/2/96 10,000 Quantum Health Resources 16.3750 163,750.00
5/2/96 1,000 Quantum Health Resources 16.2500 16,250.00
5/2/96 5,000 Quantum Health Resources 16.4375 82,187.50
5/2/96 8,000 Quantum Health Resources 16.3750 131,000.00
5/2/96 143,000 Quantum Health Resources 16 5000 2,359,500.00
5/2/96 500 Quantum Health Resources 15.6875 7,968.75
5/2/96 950 Quantum Health Resources 15.5625 15,021.88
5/2/96 -600 Quantum Health Resources 16.3750 9,825.00-
5/2/96 -20,000 Quantum Health Resources 16.6250 332,500.00-
5/2/96 -42,500 Quantum Health Resources 16.5625 703,906.25-
5/2/96 -45,000 Quantum Health Resources 16 5972 746,874.00-
5/1/96 1,200 Quantum Health Resources 14.3750 17,250.00
5/1/96 -1,000 Quantum Health Resources 14.3750 14,375.00-
4/30/96 900 Quantum Health Resources 14.0625 12,656.25
4/30/96 1,000 Quantum Health Resources 14.1250 14,125.00
4/30/96 -200 Quantum Health Resources 14.0000 2,800.00-
4/30/96 -800 Quantum Health Resources 14.0000 11,200.00-
4/30/96 -1,800 Quantum Health Resources 14.0000 25,200.00-
4/30/96 -200 Quantum Health Resources 14.5625 2,912.50-
4/29/96 100 Quantum Health Resources 14.1875 1,418.75
4/29/96 300 Quantum Health Resources 14.1250 4,237.50
4/29/96 500 Quantum Health Resources 14.1875 7,093.75
4/29/96 600 Quantum Health Resources 14.1875 8,512.50
4/29/96 900 Quantum Health Resources 14.1875 12,768.75
4/29/96 1000 Quantum Health Resources 14.5000 14,500.00
4/29/96 1000 Quantum Health Resources 14.2500 14,250.00
4/29/96 1000 Quantum Health Resources 14.1250 14,125.00
4/29/96 1000 Quantum Health Resources 14.5000 14,500.00
4/29/96 1000 Quantum Health Resources 14.5000 14,500.00
4/29/96 1000 Quantum Health Resources 14.1875 14,187.00
4/29/96 1000 Quantum Health Resources 14.1875 14,187.00
4/29/96 1400 Quantum Health Resources 14.1875 19,862.00
4/29/96 1500 Quantum Health Resources 14.1875 21,281.25
4/29/96 2000 Quantum Health Resources 14.1875 28,375.00
4/29/96 3000 Quantum Health Resources 14.1875 42,562.50
4/29/96 -1000 Quantum Health Resources 14.1250 14,125.00-
4/29/96 -1000 Quantum Health Resources 14.5000 14,500.00-
4/29/96 -1000 Quantum Health Resources 14.5000 14,500.00-
4/29/96 -1000 Quantum Health Resources 14.5000 14,500.00-
4/29/96 -1000 Quantum Health Resources 14.5000 14,500.00-
4/29/96 -1000 Quantum Health Resources 14.1875 14,187.50-
4/29/96 -10000 Quantum Health Resources 14.2500 142,500.00-
4/26/96 200 Quantum Health Resources 13.8750 2,775.00
4/26/96 1000 Quantum Health Resources 13.9375 13,937.50
4/26/96 1000 Quantum Health Resources 13.5625 13,562.50
4/26/96 -1000 Quantum Health Resources 13.8750 13,875.00-
4/26/96 -1000 Quantum Health Resources 13.3750 13,375.00-
4/25/96 800 Quantum Health Resources 13.2500 10,600.00
4/25/96 1000 Quantum Health Resources 13.5000 13,500.00
4/25/96 1000 Quantum Health Resources 13.3750 13,375.00
4/25/96 1000 Quantum Health Resources 13.6250 13,625.00
4/25/96 1800 Quantum Health Resources 13.2500 23,850.00
4/25/96 3000 Quantum Health Resources 13.3750 40,125.00
4/25/96 -200 Quantum Health Resources 13.3750 2,675.00-
4/25/96 -1000 Quantum Health Resources 13.5000 13,500.00-
4/25/96 -1000 Quantum Health Resources 13.5000 13,500.00-
4/25/96 -1000 Quantum Health Resources 13.3750 13,375.00-
4/25/96 -1000 Quantum Health Resources 13.3750 13,375.00-
4/25/96 -1000 Quantum Health Resources 13.3750 13,375.00-
4/25/96 -1000 Quantum Health Resources 13.3750 13,375.00-
4/25/96 -1000 Quantum Health Resources 13.3750 13,375.00-
4/25/96 -2000 Quantum Health Resources 13.3750 26,750.00-
APPENDIX III
BEAR, STEARNS & CO. INC.
Quantum Health Resources, Inc.
Trading from 4/25/96 through 6/25/96
(Various Discretionary Accounts)
(Aggregate Transactions)
DATE QUANTITY DESCRIPTION PRICE / ENTRY AMOUNT
6/25/96 40,000 Quantum Health Resources, Inc. 17.1250 674,125.65
5/20/96 7,500 Quantum Health Resources, Inc. 16.6250 124,687.50
5/14/96 21,500 Quantum Health Resources, Inc. 16.1250 346,112.93
5/10/96 14,500 Quantum Health Resources, Inc. 16.1850 250,165.60
5/3/96 12,500 Quantum Health Resources, Inc. 16.3750 204,687.53
