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
Protocol Systems, Inc.
(Exact name of issuer as specified in charter)
8500 S.W. Creekside Place, Beaverton, Oregon 97008
(Address of principal executive offices)
Issuer's telephone number, including area code (503) 526-8500
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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 Common Stock
2. Number of shares outstanding before the change 7,443,095
3. Number of shares outstanding after the change 8,654,195
4. Effective date of change July 10, 1996
5. Method of Change:
Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.)
Acquisition
Give brief description of transaction
1,211,100 shares of Protocol Systems, Inc. ("Protocol") Common Stock
were issued to shareholders of Pryon Corporation ("Pryon") in
connection with the merger of Protocol Merger Corporation, a
wholly-owned subsidiary of Protocol, with and into Pryon on
July 10, 1996.
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II. CHANGE IN NAME OF ISSUER
1. Name prior to change
2. Name after change
3. Effective date of charter amendment changing name
4. Date of shareholder approval of change, if required
Date July 19, 1996 /s/ Craig M. Swanson
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(Officer's signature
& title)
Craig M. Swanson,
Vice President, Chief
Financial Officer and
Secretary