1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q/A AMENDMENT 1 QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarter Ended March 31, 1996 Commission file number 0-5537 GRYPHON HOLDINGS INC. (Exact name of registrant as specified in its charter) DELAWARE 13-3287060 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 30 WALL STREET, NEW YORK, NEW YORK 10005-2201 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code:(212) 825-1200 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. Class Outstanding at March 31, 1996 - ---------------------------- ----------------------------- COMMON STOCK, PAR VALUE $.01 6,648,050 2 Gryphon Holdings Inc. TABLE OF CONTENTS PART II. OTHER INFORMATION PAGE ---- Item 6. Exhibits and Reports on Form 8-K ......................... 3 Signatures ......................................................... 4 Ex-27 .............................................................. 5 2 3 PART II. OTHER INFORMATION Item 6. Exhibits and Reports on Form 8-K Exhibit No. Description Page - ----------- ----------- ---- EX-27 Financial Data Schedule 5 3 4 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GRYPHON HOLDINGS INC. ----------------------- (Registrant) Date: July 22, 1996 Stephen A. Crane ----------------------- STEPHEN A. CRANE President & Chief Executive Officer Date: July 22, 1996 Robert P. Cuthbert ----------------------- ROBERT P. CUTHBERT Senior Vice President & Chief Financial Officer (Principal Financial and Accounting Officer) 4