UNITED STATES 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 INDIVIDUAL, INC. - ------------------------------------------------------------------------------ (Exact name of issuer as specified in charter) 8 NEW ENGLAND EXECUTIVE PARK WEST, BURLINGTON, MA 01803 - ------------------------------------------------------------------------------ (Address of principal executive offices) Issuer's telephone number, including area code (617) 273-6000 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 12,511,748 --------------------------- 3. Number of shares outstanding after the change 14,026,057 --------------------------- 4. Effective date of change June 28, 1996 ------------------------------------------------- 5. Method of change: Specify method (such as merger, acquisition, exchange, distribution, stock split, reverse split, acquisition of stock for treasury, etc.): Acquisition ----------- by reverse-triangular merger --------------------------------------------------------------------------- Give brief description of transaction: On June 28, 1996, Individual, Inc. ----------------------------------- (the "Company") issued an aggregate of 1,514,309 shares of Common Stock, --------------------------------------------------------------------------- $.01 par value per share (the "Common Stock"), (not including 360,180 --------------------------------------------------------------------------- shares of Common Stock reserved for issuance upon the exercise of --------------------------------------------------------------------------- outstanding FreeLoader stock options assumed by Individual in connection --------------------------------------------------------------------------- with the acquisition) in consideration of its acquisition of all of the --------------------------------------------------------------------------- outstanding capital stock of FreeLoader, Inc. ("FreeLoader"), pursuant to --------------------------------------------------------------------------- an Agreement and Plan of Reorganization dated May 30, 1996 among the --------------------------------------------------------------------------- Company, FL Merger Corp., a wholly-owned subsidiary of the Company, --------------------------------------------------------------------------- FreeLoader and certain stockholders of FreeLoader. -------------------------------------------------- II. CHANGE IN NAME OF ISSUER 1. Name prior to change N/A -------------------------------------------------- 2. Name after change N/A ----------------------------------------------------- 3. Effective date of charter amendment changing name N/A --------------------- 4. Date of shareholder approval of change, if required N/A ------------------- Date: July 2, 1996 /s/ Robert L. Lentz ------------ ------------------------------------------------ Vice President, Finance and Chief Financial Officer