RTW INC /MN/
10-C, 1996-05-22
SURETY INSURANCE
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                          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
                                AND 15d-17 THEREUNDER


                                     RTW, Inc.
                   ----------------------------------------------
                   (Exact name of issuer as specified in charter)


           8500 Normandale Lake Boulevard, Suite 1400, Bloomington, MN 55437
           -----------------------------------------------------------------
                      (Address of principal executive offices)


                                  (612) 893-0403
                  ------------------------------------------------
                  (Issuer's telephone number, including area code)


                      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, no par value per share
                         -----------------------------------------------------

2.    Number of shares outstanding before the change: 7,838,528
                                                      ------------------------

3.    Number of shares outstanding after the change: 11,757,769
                                                     -------------------------

4.    Effective date of change: May 17, 1996
                                ----------------------------------------------

5.    Method of change:

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


      Give brief description of transaction: On May 17, 1996, RTW, Inc. 
                                             --------------------------------
distributed shares of Common Stock to its existing shareholders as part of a 
- -----------------------------------------------------------------------------
three for two stock split in the form of a 50% stock dividend. The 
- -----------------------------------------------------------------------------
distribution was made to all shareholders of record as of May 6, 1996.
- -----------------------------------------------------------------------------


Date:  5/22/96                         /s/ Alfred L. LaTendresse
      ------------------------         --------------------------------------

                                       Alfred L. LaTendresse, Secretary

                                       (Officer's signature & title)





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