EFTA00196524¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
| | |¶
| :--- | :--- |¶
| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |¶
| TELEPHONE | |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
Your Portfolio Holdings … 4¶
Transaction Detail … 5¶
What’s In This Statement¶
Your Messages 7¶
| FINANCIAL TRUST COMPANY INC |
| C/O AMERICAN YACHT HARBOR * |
| 6100 RED HOOK SUITE B-3 |
| QUARTERS #2 |
| ST THOMAS VI 00802 |
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT PERIOD May 26, 2001¶
ACCOUNT NUMBER¶
THROUGH June 29, 2001¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | May 25, 2001 |¶
| :--- | :--- |¶
Your Portfolio at a Glance¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 50,771,139 |
| NET CREDIT BALANCE | 280,529 |
| NET EQUITY THIS PERIOD | $51,051,668 |
| NET EQUITY LAST STATEMENT | 38,154,227 |
| CHANGE SINCE LAST STATEMENT | 12,897,442 |
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
Market Value of Your Portfolio¶
Important Message¶
Please note: You may find more than one statement in this envelope. Beginning this month, all statements with the same Address and Social Security number / Taxpayer Identification number are being mailed in one envelope. For further details, please contact your account executive.¶
Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859.¶
This summary is for informational purposes only. It is not intended as a tax document.¶
This statement should be retained for your records. See reverse side for important information.¶
027 06/30/01;23:28 001¶
EFTA00196525¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
2 of 7¶
Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT BACKER IS PRINTED ON THIS PAGE¶
027¶
EFTA00196526¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
3 of 7¶
Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $313,145.78 |
| Securities Sold | 1,159,796.20 |
| Dividends/Interest | 214,941.22 |
| Amount Credited | $1,374,737.42 |
| Securities Bought | -1,405,181.30 |
| Dividends/Interest Charged | -1,998.50 |
| Miscellaneous | -174.00 |
| Amount Debited | $-1,407,353.80 |
| Net Cash Activity | -32,616.38 |
| Closing Balance | $280,529.40 |
Same day transfers of cash between account types are not included in this section; such transfers, as well as details for all other transactions this period, appear in Transaction Detail.¶
Cash Balance Summary¶
| OPENING | CLOSING | |
| Margin | 313,145.78 | 280,529.40 |
| Net Cash Balance | $313,145.78 | $280,529.40 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
| Dividends | 214,628.40 | 680,738.00 |
| Substitute Payment | 0.00 | 69,158.80 |
| Credit Balance Int. | 312.82 | 22,382.58 |
| Total | $214,941.22 | $772,279.38 |
| Foreign Tax Withheld | -150.00 | -150.00 |
| Margin Int. Paid | -1,998.50 | -48,423.60 |
Portfolio Composition¶
| SHORT | LONG | |
| Cash/Cash Equivalent | 280,529 | |
| Equities | 1,192,400 | 51,963,539 |
| Total | $1,192,400 | $52,244,068 |
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
| STATEMENT PERIOD | May 26, 2001 |
| THROUGH | June 29, 2001 |
| ACCOUNT NUMBER | |
| TAXPAYER NUMBER | On File |
| LAST STATEMENT | May 25, 2001 |
Your Portfolio Allocation¶
Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.¶
EFTA00196527¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
4 of 7¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME |
| CASH BALANCE | 280,529 | ||||
| TOTAL CASH & CASH EQUIVALENTS | $280,529 |
EQUITIES¶
Equities & Options¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| BOSTON PROPERTIES INC | BXP | MRGN | 100,000 | 40.9000 | 4,090,000 | 232,000 | 5.6724 |
| CNH GLOBAL | CNH | CASH | 102,000 | 5.9300 | 604,860 | 56,304 | 9.3086 |
| CNH GLOBAL | CNH | MRGN | 148,000 | 5.9300 | 877,640 | 81,696 | 9.3086 |
| TELIGENT INC-CLA | TGNTQ | CASH | 60,000 | 0.1800 | 10,800 | ||
| TOO INC | TOO | CASH | 1,000,000 | 27.4000 | 27,400,000 | ||
| VECTOR GROUP LTD | VGR | MRGN | 534,071 | 31.9500 | 17,063,568 | 854,514 | 5.0078 |
| CALL VECTOR GROUP AUG22.50AMEX EXP 08/18/2001 | VGRH22 | MRGN | -736 | 9.5000 | -699,200 | ||
| CALL VECTOR GROUP AUG 030 AMEX EXP 08/18/2001 | VGRH30 | MRGN | -40 | 3.3000 | -13,200 | ||
| CALL VECTOR GROUP NOV 030 AMEX EXP 11/17/2001 | VGRK30 | MRGN | -1,000 | 4.8000 | -480,000 | ||
| SENTIGEN HOLDING CP RSTD | CASH | 333,334 | 5.7500 | 1,916,671 | |||
| Total Equities& Options | $50,771,139 | $1,224,514 | |||||
| TOTAL EQUITIES | $50,771,139 | $1,224,514 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Meterotech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT PERIOD May 26, 2001¶
THROUGH June 29, 2001¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | May 25, 2001 |¶
| :--- | :--- |¶
027¶
06/30/01;23:28 001¶
EFTA00196528¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
5 of 7¶
Bear, Steams Securities Corp.¶
One Mebrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
| YOUR TOTAL ESTIMATED ANNUAL INCOME | $1,224,514 |
| YOUR PRICED PORTFOLIOHOLDINGS | $51,051,668 |
Your Portfolio Holdings (continued)¶
STATEMENT PERIOD May 26, 2001¶
THROUGH June 29, 2001¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | May 25, 2001 |¶
| :--- | :--- |¶
Transaction Detail¶
INVESTMENT ACTIVITY¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 05/29/01 | 05/23/01 | BOUGHT | CNH GLOBAL UNSOLICITED | CNH | 3,000 | 6.42000 | 19,442.50 | |
| 05/29/01 | 05/23/01 | BOUGHT | CNH GLOBAL UNSOLICITED AS OF 05/23/01 | CNH | 3,000 | 6.47530 | 19,605.90 | |
| 05/30/01 | 05/24/01 | BOUGHT | CNH GLOBAL UNSOLICITED | CNH | 102,000 | 6.69410 | 688,920.70 | |
| 05/31/01 | 05/25/01 | BOUGHT | CNH GLOBAL UNSOLICITED | CNH | 48,000 | 6.68390 | 323,709.70 | |
| 06/05/01 | 06/04/01 | SOLD | CALL VECTOR GROUP NOV 030 AMEX EXP 11/17/2001 UNSOLICITED OPEN CONTRACT | QVGRK30 | -1,000 | 5.70000 | 566,478.50 |
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EFTA00196529¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859¶
6 of 7¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD May 26, 2001¶
INVESTMENT ACTIVITY (continued)¶
THROUGH June 29, 2001¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | May 25, 2001 |¶
| :--- | :--- |¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUN |
|---|---|---|---|---|---|---|---|---|
| 06/05/01 | 06/04/01 | BOUGHT | CALL VECTOR GROUP JUN 030 AMEX EXP 06/16/2001 UNSOLICITED CLOSING CONTRACT | 92240M9F7 | 1,000 | 3.50000 | 353,502.50 | |
| 06/11/01 | JOURNAL | BOSTON PROPERTIES INC TO | BXP | -200,000 | ||||
| 06/12/01 | JOURNAL | BOSTON PROPERTIES INC TO SAME | BXP | -200,000 | ||||
| 06/20/01 | JOURNAL | CALL VECTOR GROUP AUG22.50AMEX EXP 08/18/2001 A/E ASSIGNED 00001 | 264 | |||||
| 06/22/01 | 06/20/01 | SOLD | VECTOR GROUP LTD SEE NOTE "S" ON BACK A/E 264 ASSIGNED | VGR | -26,400 | 22.50000 | 593,317.70 | |
| 06/25/01 | JOURNAL | TOO INC FROM 047-30185 PER LOA | TOO | 1,000,000 | ||||
| TOTAL | -1,405,181.30 | $1,159,796.20 | ||||||
DIVIDENDS¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 05/31/01 | CNH GLOBAL | CNH | 10,000 | 0.1000 | 1,000.00 | |
| REC 05/17/01 PAY 05/31/01 | WH | 100.00 | ||||
| AGENCY FEE ,0024 PER | ||||||
| FOREIGN TAX WITHHELD | ||||||
| 06/29/01 | VECTOR GROUP LTD | VGR | 534,071 | 0.4000 | 213,628.40 | |
| REC 06/22/01 PAY 06/29/01 | ||||||
| TOTAL | -100.00 | $214,628.40 |
027¶
06/30/01;23:28 001¶
V481¶
EFTA00196530¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
7 of 7¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD May 26, 2001¶
INTEREST¶
THROUGH June 29, 2001¶
AGCOUNT NUMBER¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 06/21/01 | FROM 05/21 THRU 06/20 @4 3/4% BAL 524,731 AVBAL 488,597 | 4.7500 | 1,998.50 | |||
| 06/21/01 | INTEREST ON CREDIT BALANCE AT 3 1/2% 05/21 THRU 06/20 | 3.5000 | 312.82 | |||
| TOTAL | -1,998.50 | $312.82 |
TAXPAYER NUMBER On File¶
| LAST STATEMENT | May 25, 2001 |¶
| :--- | :--- |¶
MISCELLANEOUS¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 05/30/01 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 688,920.70 | |
| 05/30/01 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 688,920.70 | |
| 05/31/01 | JOURNAL | CNH GLOBAL AGENCY PROCESSING FEE | 24.00 | |
| 06/01/01 | CNH GLOBAL 5 31 ADDITL 5% FGN TAX SHOULD BE 15% TOTAL WITH | 50.00 | ||
| TOTAL | -688,994.70 | $688,920.70 | ||
Your messages¶
Confirmation:¶
Unless we hear from you to the contrary, It is our understanding that any free credit balances in your account are being maintained to facilitate your intention to invest such amounts through us.¶
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V481¶