UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): May 16, 1997
USX Corporation
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(Exact name of registration as specified in its charter)
Delaware 1-5153 25-0996816
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation
600 Grant Street, Pittsburgh, PA 15219-4776
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(Address of principal executive offices) (Zip Code)
(412) 433-1121
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(Registrant's telephone number,
including area code)
Item 5. Other Events.
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On May 16, 1997, USX Corporation announced the expiration of its offer
to exchange 6.75% Convertible Preferred Securities of USX Capital Trust I for
its 6.50% Cumulative Convertible Preferred Stock. A registration statement
relating to this offer under the Securities Act of 1933 (Form S-4, File No.
333-23291) became effective on March 27, 1997, and the offer commenced on March
31. The offer expired at midnight on May 15, 1997. A total of 3,937,163 shares
of the 6.50% Preferred were properly tendered and accepted for exchange. The
purpose of this report is to file the executed Dealer Manager Agreement, and
the Multi-Series Indenture, First Supplemental Indenture, and Amended and
Restated Declaration of Trust relating to the 6.75% Preferred Securities.
Item 7. Financial Statements and Exhibits.
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(c) Exhibits
1.1) Dealer Manager Agreement.
4.3) Multi-Series Indenture, between the Company and The Bank of New
York, as trustee.
4.4) First Supplemental Indenture, between the Company and The Bank
of New York, as trustee.
4.6) Amended and Restated Declaration of Trust of the Trust,
including form of Trust Convertible Preferred Security.
SIGNATURE
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 hereunto duly authorized.
USX CORPORATION
By /s/ Kenneth L. Matheny
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Kenneth L. Matheny
Vice President & Comptroller
Dated: May 23, 1997
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