FRIEDMANS INC
10-C, 1996-06-06
JEWELRY STORES
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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



                                FRIEDMAN'S INC.
- -------------------------------------------------------------------------------
                 (Exact name of issuer as specified in charter)

                  4 WEST STATE STREET, SAVANNAH, GEORGIA 31401
- -------------------------------------------------------------------------------
                    (Address of principal executive offices)

Issuer's telephone number, including area code      912-233-9333
                                                  -----------------------------

                   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  CLASS A COMMON STOCK
                        -------------------------------------------------------

2.   Number of shares outstanding before the change     10,042,849
                                                     --------------------------

3.   Number of shares outstanding after the change      12,499,550
                                                     --------------------------

4.   Effective date of change  JUNE 5, 1996
                               ------------------------------------------------

5.   Method of change:  Specify method (such as merger, acquisition, exchange,
     distribution, stock split, reverse split, acquisition of stock for
     treasury, etc.)    DISTRIBUTION
                     ----------------------------------------------------------

 Give brief description of transaction   PUBLIC OFFERING OF COMMON STOCK
                                         --------------------------------------

                         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 June 6, 1996                      /s/ John G. Call, Senior Vice President
    -------------------              ------------------------------------------
                                            (Officer's signature and title)




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