SECURITIES AND EXCHANGE COMMISSION Washington, DC 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 Rules 13a-17 and 15d-17 Thereunder Shared Technologies Fairchild Inc. -------------------------------------------- (Exact Name of Issuer as Specified in Charter) 100 Great Meadow Road, Wethersfield, CT 06109 -------------------------------------------------- (Address of Principal Executive Offices) (860) 258-2400 -------------------------------------- (Issuer's Telephone Number, Including Area Code) I. CHANGE IN NUMBER OF SHARES OUTSTANDING Indicate any change (increase or decrease) of five percent or more in the number of shares outstanding: 1. Title of security Common Stock --------------------------------------- 2. Number of shares outstanding before the change 8,740,079 ------------- 3. Number of shares outstanding after the change 14,740,079 ------------- 4. Effective date of change March 13, 1996 ----------------- 5. Method of change: Specify method (such as merger, acquisition, exchange, distribution, stock split, reverse split, acquisition of stock for treasury, etc.) Merger -------- Give brief description of transaction: In connection with the merger of Fairchild Industries, Inc. ("FII") ------------------------------------------------------------------- with and into Shared Technologies Inc. ("STI"), 6,000,000 shares of ------------------------------------------------------------------- common stock of STI were issued to the sole shareholder of FII ------------------------------------------------------------------- common stock. ------------------------------------------------------------------- II. CHANGE IN NAME OF ISSUER 1. Name prior to change Shared Technologies Inc. ----------------------------------- 2. Name after change Shared Technologies Fairchild Inc. ----------------------------------- 3. Effective date of charter amendment changing name March 13, 1996 --------------- 4. Date of shareholder approval of change, if required March 13, 1996 -------------- Date March 21, 1996 /s/ Kenneth M. Dorros -------------- Sr. Vice President ---------------------- (Officer's Signature and Title)