STUDIO PLUS HOTELS INC
10-C, 1996-06-06
HOTELS & MOTELS
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<PAGE>   1
                      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

                           Studio Plus Hotels, Inc.
              -------------------------------------------------
                (Exact name of issuer as specified in charter)

              1999 Richmond Road, Suite 4, Lexington, KY 40502
              -------------------------------------------------
                   (Address of principal executive offices)

Issuer's telephone number, including area code     (606) 269-1999
                                              ----------------------------------

                  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 change  8,351,898
                                                   -----------------------------


3. Number of shares outstanding after the change  12,527,847
                                                  ------------------------------


4. Effective date of change  July 9 distribution date, June 20 record date
                             ---------------------------------------------------

                             
5. Method of change:

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

              stock split distributed as stock dividend
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        Give brief description of transaction  3 for 2 share split of common
                                               ---------------------------------
              stock; fractional shares paid in cash
              ------------------------------------------------------------------


                         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/ James C. Baugham Jr.
    ----------------------                  ------------------------------------
                                                Chief Financial Officer




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