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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
or 15d-17 thereunder
P-COM, INC.
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(Exact name of issuer as specified in charter)
3175 S. Winchester Boulevard, Campbell, CA 95008
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(Address of principal executive offices)
Issuer's telephone number, including area code (408) 866-3666
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) or five percent or more in the number
of shares outstanding:
1. Title of security Common Stock
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2. Number of shares outstanding before the change 16,541,932
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3. Number of shares outstanding after the change 18,964,023
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4. Effective date of change May 22, 1996
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5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.)
Issuance and sale of Common Stock
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Give brief description of transaction Issuance of 1,860,766 shares of Common
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Stock of the Company sold in a public offering, which was consummated on May
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22, 1996; issuance and sale of shares of Common Stock pursuant to Employee Stock
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Purchase Plan; and issuance and sale of shares of Common Stock upon exercise of
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then outstanding options. In addition, the number of shares outstanding after
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the change includes 236,469 shares of Common Stock that were issued by the
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Company pursuant to the exercise by the underwriters of an overallotment option
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in connection with the above-referenced offering, which exercise was consummated
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on May 23, 1996.
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II. CHANGE IN NAME OF ISSUER
1. Name prior to change N/A
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2. Name after change N/A
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3. Effective date of charter amendment changing name N/A
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4. Date of shareholder approval of change, if required N/A
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Date May 23, 1996 /s/ Warren T. Lazarow
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Warren T. Lazarow, Secretary
