SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
----------------------------------
Date of earliest event reported: August 21, 1997
Saf T Lok Incorporated
(Exact name of registrant as specified in its charter)
Florida 1-11968 65-0142837
(State of (Commission (IRS Employer Iden-
Incorporation) File Number) tification No.)
18245 S.E. Federal Highway, Tequesta, Florida 33469
(Address of principal executive offices)
Registrant's telephone number, including area code: 561-743
5625
Item 5: Other Events
Since June 30, 1997, Saf T Lok, Incorporated (the "Company")
has issued 2,147,247 shares of common stock as a result of
the conversion of convertible debentures sold to foreign
investors pursuant to Regulation S, as reported in
previously filed Form 8-K's. As of October 15, 1997, the
Company has no outstanding convertible debentures.
During the period June 30, 1997 to October 15, 1997,
the Company issued 93,583 shares of restricted
common stock pursuant to an agreement with a
provider of marketing services. In addition, the
Company granted stock options for 324,000 shares of
common stock to key employees at exercise prices of
$0.10 per share. These employees had foregone
compensation for a period of many months.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned hereunto
duly authorized.
Saf T Lok, Incorporated
Date: October 21, 1997
By:\s\John L. Gardner
John Gardner,
President and Chief Executive Officer
