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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTER-DEALER 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
WESTERN COUNTRY CLUBS, INC.
(Exact name of issuer as specified in charter)
1601 N.W. Expressway, Suite 1610
Oklahoma City, Oklahoma 73118
(Address of principal executive offices)
Issuer's telephone number, including area code: (405) 848-0996
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, $.01 par value.
2. Number of shares outstanding before the changes: 3,477,264 shares.
3. Number of shares outstanding after the changes: 3,634,722 shares.
4. Effective date of change: Reflects aggregate changes from February 1995
through August 1996.
5. Method of Change: shares no longer subject to rescission, shares
repurchased by Issuer and shares issued by Issuer for services or option
exercises.
Give brief description of transactions: Number of outstanding shares
increased by 116,667 shares that were no longer subject to rescission
after February 1995; decreased by 700,000 shares repurchased by Issuer in
March 1995; increased in 1995 by 23,791 shares issued for services and by
27,000 shares issued pursuant to option exercises; and increased in July
and August 1996 by 175,200 shares issued for services.
II. CHANGE IN NAME OF ISSUER
Not Applicable.
Date May 22, 1997 WESTERN COUNTRY CLUBS, INC.
By: /s/ J. E. BLACKETER
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James E. Blacketer, President
