Lucent Technologies Capital Trust I, 7.75% Cumul Conv Preferred Securities (LUTHP)

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All 13F Filers Prior Change Hedge Funds 1 Prior Change
Lucent Technologies Capital Trust I, 7.75% Cumulative Convertible Trust Preferred Securities, liquidation amount $1000 per share, guaranteed by Lucent Technologies Inc. (NYSE: LU), redeemable at the issuer's option on or after 3/20/2007 at $1038.80 per share which declines to $1000 per share on 3/20/2012 (see schedule on page 27 of the prospectus), plus accrued and unpaid dividends, maturing 3/15/2017, distributions of 7.75% ($77.50) per annum are paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the 15th day prior to the payment date. The preferred shares are convertible any time at the holder's option into 206.6116 common shares of Lucent Technologies Inc. (NYSE: LU), an initial conversion price of $4.84 per common share. The company has the right, at any time, to defer interest payments for up to 20 consecutive quarters (but not beyond the maturity date). The trust's assets consist of the 7.75% Convertible Subordinated Deferrable Interest Convertible Debentures due 3/15/2017 which were purchased from the company using the funds generated from the sale of the convertible trust preferred securities.
InvestorHistoryShares Held or Principal AmtMarket Value% of PortfolioPrevious % of PortfolioRankChange in Shares% OwnershipQtr 1st OwnedEst. Avg PriceSourceSource DateDate Reported
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