UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON THE NASDAQ STOCK MARKET
Filed pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-17
or 15d-17 thereunder
ALTEON INC.
(Exact name of issuer as specified in charter)
170 Williams Drive
Ramsey, NJ 07446
(Address of principal executive offices)
Issuer's telephone number, including area code:(201) 934-5000
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I. Change in Number of Shares Outstanding
Indicate any change (increase or decrease) of five percent or more
in the number of shares outstanding:
1. Title of Security: Common Stock, $.01 par value
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2. Number of shares outstanding before the change: 15,664,209
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3. Number of shares outstanding after the change: 15,672,609
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4. Effective date of change: June 6, 1996
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5. Method of change: Common Stock Issuance
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Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock for
treasury, etc.): Distribution
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Give a brief description of transaction: Issuance of stock as
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a result of the exercise of stock options
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II. Change in Name of Issuer
1. Name prior to change: Not applicable
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2. Name after change:
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3. Effective date of charter amendment changing name:
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4. Date of shareholder approval of change, if required:
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Date: June 10, 1996 /s/ Elizabeth A. O'Dell
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Elizabeth A. O'Dell
Vice President, Finance and
Administration, Secretary and
Treasurer
