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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
North American Scientific, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
65715D100
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 4 Pages
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SCHEDULE 13G
CUSIP No. 65715D100 13G Page 2 of 4 Pages
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(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
L. Michael Cutrer
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(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /X/
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
U.S.A.
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Number of Shares (5) Sole Voting Power
Beneficially 322,500*
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With 0
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(7) Sole Dispositive Power
322,500*
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(8) Shared Dispositive Power
0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
322,500**
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(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
Not Applicable
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(11) Percent of Class Represented by Amount in Row (9)
10.4%
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(12) Type of Reporting Person*
IN
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** includes 60,000 shares subject to outstanding options which are
immediately exercisable and 12,500 shares owned by the reporting
person's spouse over which the reporting person disclaims beneficial
ownership.
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ITEM 1 (A) Name of Issuer: North American Scientific, Inc.
ITEM 1 (B) Address of Issuer's Principal Executive Offices:
7435 Greenbush Avenue
North Hollywood, CA 91605
ITEM 2 (A) Name of Person Filing:
L. Michael Cutrer
ITEM 2 (B) Address of Principal Business Office, or, if none, Residence:
As above
ITEM 2 (C) Citizenship: U.S.A.
ITEM 2 (D) Title of Class of Securities: Common Stock, par value $0.01 per
share
ITEM 2 (E) CUSIP Number: 65715D100
ITEM 3 Not Applicable.
ITEM 4 Ownership:
The following information is provided as of December 31, 1996:
(a) Amount Beneficially Owned: 322,500*
(b) Percent of Class: 10.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 322,500*
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition
of: 322,500*
(iv) shared power to dispose or to direct the disposition
of: 0
ITEM 5 Ownership of Five Percent or Less of a Class: Not Applicable.
ITEM 6 Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable.
ITEM 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company: Not Applicable
ITEM 8 Identification and Classification of Members of the Group: Not
Applicable
* includes 60,000 shares subject to outstanding options which are immediately
accessible and 12,500 shares owned by the reporting person's spouse over which
the reporting person disclaims beneficial ownership.
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ITEM 9 Notice of Dissolution of Group: Not Applicable
ITEM 10 Certification: Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
2/12/97
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Date
/s/ L. Michael Cutrer
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Signature
L. Michael Cutrer
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Name/Title
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS
(SEE 18 U.S.C. 1001).
