<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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
CORVAS INTERNATIONAL, INC.
-----------------------------------
(Exact name of issuer as specified in charter)
3030 Science Park Drive, San Diego, CA 92121
--------------------------------------------------
(Address of principal executive offices)
Issuer's telephone number, including area code: (619) 455-9800
-----------------------------
I. CHANGE IN NUMBER OF SHARES OF OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of shares
outstanding:
1. Title of Security: Common Stock ($0.001 par value)
-----------------------------------------------------
2. Number of shares outstanding before the change: 12,699,791
--------------------------
3. Number of shares outstanding after the change: 13,699,791
---------------------------
4. Effective date of change: July 2, 1996
------------------------------------------------
5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.): Sale of
--------
Common Stock ($0.001 par value) for cash.
----------------------------------------
Give brief description of transaction: Sale of 1,000,000 registered shares
-----------------------------------
of Common Stock by the Company on a best efforts basis to selected
---------------------------------------------------------------------------
institutional investors.
---------------------------------------------------------------------------
Date: July 12, 1996 /s/ JOHN E. CRAWFORD
------------------------------
John E. Crawford
Executive Vice President
and Chief Financial Officer