-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J8difkxcN2o/eKlLoIuvOfU/mPCnScvb1FNyGFUrk0s/2711q6x0txokH++phFHM X7GxZUS5ArtbcaFqzERjkA== 0000725182-96-000040.txt : 19960716 0000725182-96-000040.hdr.sgml : 19960716 ACCESSION NUMBER: 0000725182-96-000040 CONFORMED SUBMISSION TYPE: 10-C PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960711 FILED AS OF DATE: 19960715 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: AST RESEARCH INC /DE/ CENTRAL INDEX KEY: 0000725182 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 953525565 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-C SEC ACT: 1934 Act SEC FILE NUMBER: 000-13941 FILM NUMBER: 96594695 BUSINESS ADDRESS: STREET 1: 16215 ALTON PKWY CITY: IRVINE STATE: CA ZIP: 92718 BUSINESS PHONE: 7147274141 10-C 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 AST RESEARCH, INC. (Exact name of issuer as specified in charter) 16215 ALTON PARKWAY IRVINE, CALIFORNIA 92718 (Address of principal executive offices) (714) 727-4141 (Issuer's telephone number, including area code) 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, par value $0.01 per share. 2. Number of shares outstanding before the change: [44,736,900] 3. Number of shares outstanding after the change: [57,734,830] 4. Effective date of change: July 11, 1996 5. Method of Change: Issuance of additional shares of Common Stock toward repayment of debt. Brief Description of Transaction: On July 11, 1996, AST Research, Inc. (the "Company"), issued 4,498,594 shares of common stock to Tandy Corporation ("Tandy") toward paying off $30 million of a $90 million promissory note to Tandy related to the 1993 acquisition of Tandy's PC manufacturing operations. In addition, the Company issued 8,499,336 shares of common stock to Samsung Electronic Co. Ltd. ("Samsung") in exchange for $60 million in cash advanced by Samsung that was used to repay the remaining portion of the $90 million promissory note due to Tandy. The total amount of newly issued common stock of 12,997,930 represents approximately 22.5% of the Company's total outstanding common stock after all of the shares were issued. Date: July 15, 1996 AST RESEARCH, INC. By /s/DENNIS R. LEIBEL ----------------------------------- Dennis R. Leibel Senior Vice President, Legal, Administration and Secretary -----END PRIVACY-ENHANCED MESSAGE-----