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Lumen Technologies, Inc. — Prospectus 2004
Mar 4, 2004
30915_prs_2004-03-04_aae26390-1d45-4815-99a4-8b6528f634cc.zip
Prospectus
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424B3 1 pros-supp_030404.htm
Filed pursuant to Rule 424(b)(3)
Registration No. 333-100481
PROSPECTUS SUPPLEMENT NO. 5 TO PROSPECTUS DATED FEBRUARY 10, 2003
$165,000,000
4.75% Convertible Senior Debentures, Series K, due 2032 and Shares of Common Stock Issuable upon Conversion of the Debentures
This prospectus supplement relates to the resale by the selling securityholders listed below of our 4.75% Convertible Senior Debentures, Series K, due 2032 and shares of our common stock issuable upon conversion of the debentures. You should read this prospectus supplement together with the prospectus dated February 10, 2003, which is to be delivered with this prospectus supplement.
Investing in our debentures or shares of our common stock involves risks. See "Risk Factors" beginning on page 9 of the prospectus
. _______ Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if the prospectus, as supplemented, is truthful or complete. Any representation to the contrary is a criminal offense .
The date of this prospectus supplement is March 4, 2004.
SELLING SECURITYHOLDERS
The information in the table below updates and supersedes the information appearing in (i) the table in the section entitled "Selling Securityholders" beginning on page 39 of the prospectus and (ii) similar tables included in any previous supplements to the prospectus.
| Name | Aggregate Principal Amount of Debentures that May be Sold | Percentage of Debentures Outstanding | Number of Shares of Common Stock Covered by the Prospectus (1) |
|---|---|---|---|
| Advisory Convertible Arbitrage | |||
| Fund (I) L.P. | $1,000,000 | * | 24,718 |
| Allstate Life Insurance Company | $2,600,000 | 1.6% | 64,268 |
| American Fidelity Assurance | |||
| Company | $350,000 | * | 8,651 |
| Amerisure Mutual Insurance Co. | $485,000 | * | 11,988 |
| Attorney's Title Insurance Fund | $50,000 | * | 1,235 |
| Aventis Pension Master Trust | $125,000 | * | 3,089 |
| Banc of America Securities LLC | $3,527,000 | 2.1% | 87,183 |
| Bank Austria Cayman Islands, | |||
| Ltd. | $2,380,000 | 1.4% | 58,830 |
| Boilermaker - Blacksmith Pension | |||
| Trust | $565,000 | * | 13,966 |
| CC Investments, LDC | $2,000,000 | 1.2% | 49,437 |
| CareFirst Blue Choice, Inc. | $125,000 | * | 3,089 |
| CareFirst of Maryland, Inc. | $350,000 | * | 8,651 |
| City of Birmingham Retirement & | |||
| Relief System | $475,000 | * | 11,741 |
| City of Knoxville Pension System | $175,000 | * | 4,325 |
| Clinton Convertible Managed | |||
| Trading Account 1 Limited | $275,000 | * | 6,797 |
| Clinton Riverside Convertible | |||
| Portfolio Limited | $6,659,000 | 4.0% | 164,602 |
| Clinton Multistrategy Master | |||
| Fund, Ltd. | $6,415,000 | 3.9% | 158,571 |
| Conseco Fund Group - Conseco | |||
| Convertible Securities Fund | 250,000 | * | 6,179 |
| Convertible Securities Fund | $100,000 | * | 2,471 |
| D. E. Shaw Investment Group, | |||
| L.P. | $500,000 | * | 12,359 |
| D. E. Shaw Valence Portfolios, | |||
| L.P. | $2,000,000 | 1.2% | 49,437 |
| Delta Pilots Disability and | |||
| Survivorship Trust | $225,000 | * | 5,561 |
| Dorinco Reinsurance Company | $325,000 | * | 8,033 |
| Freestate Health Plan, Inc. | $75,000 | * | 1,853 |
| Genesee County Employees' | |||
| Retirement System | $250,000 | * | 6,179 |
| Greek Catholic Union of the USA | $100,000 | * | 2,471 |
| Group Hospitalization and | |||
| Medical Services, Inc. | $400,000 | * | 9,887 |
| HFR CA Select Fund | $600,000 | * | 14,831 |
| HSBC Trustee, Zola Managed Trust | $725,000 | * | 17,921 |
| HealthNow New York, Inc. | $100,000 | * | 2,471 |
| Highbridge International LLC | $20,350,000 | 12.3% | 503,027 |
| Innovest Finanzdientle | $1,000,000 | * | 24,718 |
| Innovest Finanzdienstleinstungs | |||
| AG | $600,000 | * | 14,831 |
| JMG Capital Partners, LP | $750,000 | * | 18,539 |
| JMG Triton Offshore Fund, Ltd. | $750,000 | * | 18,539 |
| J.P. Morgan Securities, Inc. | $2,750,000 | 1.7% | 67,976 |
| Jackson County Employees' | |||
| Retirement System | $100,000 | * | 2,471 |
| KBC Financial Products USA Inc. | $451,000 | * | 11,148 |
| KBC Financial Products (Cayman | |||
| Island) Limited | $7,000,000 | 4.2% | 173,031 |
| Knoxville Utilities Board | |||
| Retirement System | $80,000 | * | 1,977 |
| Lehman Brothers Special | |||
| Financing Inc. | $50,000,000 | 30.3% | 1,235,940 |
| Lyxor Master Fund, c/o Zola | |||
| Capital Management | $1,525,000 | * | 37,696 |
| MFS Total Return Fund | $2,495,000 | 1.5% | 61,673 |
| MFS/Sun Life Mid Cap Value Fund | $3,000 | * | 74 |
| Macomb County Employees' | |||
| Retirement System | $155,000 | * | 3,831 |
| McMahan Securities Co. L.P. | $1,350,000 | * | 33,370 |
| Man Convertible Bond Master | |||
| Fund, Ltd. | $3,463,000 | 2.1% | 85,601 |
| Morgan Stanley Dean Witter | |||
| Convertible Securities Trust | $2,500,000 | 1.4% | 61,797 |
| Nations Convertible Securities | |||
| Fund | $2,900,000 | 1.8% | 71,684 |
| NACM Investment Grade | |||
| Convertible | $15,000 | * | 370 |
| NORCAL Mutual Insurance Company | $200,000 | * | 4,943 |
| Physicians' Reciprocal Insurers | |||
| Account #7 | $600,000 | * | 14,831 |
| RAM Trading Ltd. | $8,500,000 | 5.1% | 210,109 |
| RCG Baldwin, LP | $518,000 | * | 12,804 |
| RCG Halifax Master Fund, Ltd. | $1,238,000 | * | 30,601 |
| RCG Latitude Master Fund, Ltd. | $2,587,000 | 1.5% | 63,947 |
| RCG Multi Strategy A/C LP | $3,105,000 | 1.8% | 76,751 |
| Ramius LP | $207,000 | * | 5,116 |
| SEI Private Trust Company | $225,000 | * | 5,561 |
| SG Cowen Securities - | |||
| Convertible Arbitrage | $5,000,000 | 3.0% | 123,594 |
| St. Thomas Trading, Ltd. | $5,537,000 | 3.4% | 136,867 |
| San Diego County Employees | |||
| Retirement Association | $1,750,000 | 1.1% | 43,257 |
| Southern Farm Bureau Life | |||
| Insurance | $300,000 | * | 7,415 |
| Sterling Investment Co. | $1,000,000 | * | 24,718 |
| Sunrise Partners Limited | |||
| Partnership | $2,000,000 | 1.2% | 49,437 |
| The Cockrell Foundation | $50,000 | * | 1,235 |
| The Dow Chemical Company | |||
| Employees' Retirement Plan | $1,100,000 | * | 27,190 |
| The Fondren Foundation | $200,000 | * | 4,943 |
| Thrivent Financial for | |||
| Lutherans, As successor to Lutheran Brotherhood | $500,000 | * | 12,359 |
| UBS AG London Branch | $50,000,000 | 30.3% | 1,235,940 |
| United Food and Commercial | |||
| Workers Local 1262 and Employers Pension Fund | 225,000 | * | 5,561 |
| Wachovia Securities Inc. | $70,000 | * | 1,730 |
| Xavex Convertible Arbitage #5 | $315,000 | * | 7,786 |
| Zazove Hedged Convertible Fund | |||
| L.P. | $2,500,000 | 1.5% | 61,797 |
| Zazove Income Fund L.P. | $2,000,000 | 1.2% | 49,437 |
| Zola Partners, L.P. | $4,750,000 | 2.9% | 117,414 |
| Zurich Institutional Benchmarks | |||
| Master Fund Ltd. | $2,500,000 | 1.5% | 61,797 |
| Unnamed holders of debentures or | |||
| any future transferees, pledgees, donees or successors of any such unnamed | |||
| holders (2) | $ 0 | 0% | 0 |
| Total: | $165,000,000 (3) | 100% | 4,078,602 |
- Less than 1%
| (1) | Assumes conversion of all of the holders' debentures at a conversion
rate of $40.455 per share of common stock. This conversion rate is subject
to adjustment as described under "Description of Debentures - Conversion
Rights - Adjustments to Conversion Rate" in the
prospectus. As a result, the amount of common stock issuable upon conversion
of the debentures may increase or decrease in the future. |
| --- | --- |
| (2) | Specific information about these holders will be set forth in
supplements or amendments to the prospectus, if required. |
| (3) | The total principal amount of debentures at maturity listed above is
more than $165,000,000 because certain of the above-listed selling securityholders may have, without notifying us, transferred debentures or
otherwise reduced their position pursuant to transactions exempt from the
registration requirements of the Securities Act of 1933, as amended
("Securities Act"). The maximum amount at maturity of debentures that may be
sold under the prospectus, as supplemented, will not exceed $165,000,000. |
The principal amounts of the debentures provided in the table above are based on information provided to us by the selling securityholders at various dates through March 4, 2004. Since the date on which each selling securityholder provided the information above, such selling securityholder may have sold, transferred or otherwise disposed of all or a portion or its debentures in a transaction exempt from the registration requirements of the Securities Act.