EFTA00196544¶
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 |¶
| Financial Summary | 3 |
| Your Portfolio Holdings | 4 |
| Transaction Detail | 5 |
| Your Messages | 7 |
What’s In This Statement¶
| 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 February 24, 2001¶
THROUGH March 30, 2001¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER 660-56-7418¶
| LAST STATEMENT | February 23, 2001 |¶
| :--- | :--- |¶
Your Portfolio at a Glance¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 34,537,441 |
| NET DEBIT BALANCE | -3,283,402 |
| NET EQUITY THIS PERIOD | $31,254,039 |
| NET EQUITY LAST STATEMENT | 31,778,424 |
| CHANGE SINCE LAST STATEMENT | -524,385 |
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
Market Value of Your Portfolio¶
Decimal Trading is Here for Nasdaq!¶
Decimal Trading is the shift from fractional pricing (e.g. 21 1/2) to decimal pricing (e.g.$21.50) for equities and options.¶
Nasdaq securities have been phased in during March and the remaining securities are scheduled to be trading in decimals in April.¶
Important Notice¶
For details, visit our website at www.bearstearns.com.¶
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 03/31/01;17:01 001 V466¶
EFTA00196545¶
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 | 03/31/01;17:01 001 | V466 |
|---|
EFTA00196546¶
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 | -4,270,779.33 |
| Securities Sold | 800,593.16 |
| Dividends/Interest | 201,109.60 |
| Miscellaneous | 1,069,158.80 |
| Amount Credited | $2,070,861.56 |
| Securities Bought | -63,002.50 |
| Dividends/Interest Charged | -20,481.56 |
| Miscellaneous | -1,000,000.00 |
| Amount Debited | $-1,083,484.06 |
| Net Cash Activity | 987,377.50 |
| Closing Balance | $-3,283,401.83 |
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 | -4,270,779.33 | -3,283,401.83 |
| Net Cash Balance | -4,270,779.33 | -3,283,401.83 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
| Dividends | 201,109.60 | 201,109.60 |
| Substitute Payment | 69,158.80 | 69,158.80 |
| Credit Balance Int. | 0.00 | 22,069.76 |
| Total | $270,268.40 | $292,338.16 |
| Margin Int. Paid | -20,481.56 | -20,481.56 |
Portfolio Composition¶
| SHORT | LONG | |
| Cash/Cash Equivalent | 3,283,402 | |
| Equities | 352,290 | 34,889,731 |
| Total | $3,635,692 | $34,889,731 |
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
| STATEMENT PERIOD | February 24, 2001 |
|---|---|
| THROUGH | March 30, 2001 |
| ACCOUNT NUMBER | |
| TAXPAYER NUMBER | 660-56-7418 |
| LAST STATEMENT | February 23, 2001 |
Your Portfolio Allocation¶
EFTA00196547¶
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 | -3,283,402 | ||||
| TOTAL CASH & CASH EQUIVALENTS | $-3,283,402 |
EQUITIES¶
Equities & Options¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| BOSTON PROPERTIES INC | BXP | CASH | 500,000 | 38.4500 | 19,225,000 | 1,060,000 | 5.5137 |
| CHILDRENS PLACE RETAIL STORES INC | PLCE | CASH | 60,000 | 24.0000 | 1,440,000 | ||
| TELIGENT INC-CL A | TGNT | CASH | 60,000 | 0.5940 | 35,640 | ||
| VECTOR GROUP LTD | VGR | MRGN | 675,671 | 21.0000 | 14,189,091 | 1,081,074 | 7.6191 |
| CALL VECTOR GROUP APR 020 AMEX EXP 04/21/2001 | VGRD20 | MRGN | -1,000 | 1.4500 | -145,000 | ||
| CALL VECTOR GROUP MAY 020 AMEX EXP 05/19/2001 | VGRE20 | MRGN | -1,091 | 1.9000 | -207,290 | ||
| Total Equities& Options | $34,537,441 | $2,141,074 | |||||
| TOTAL EQUITIES | $34,537,441 | $2,141,074 |
| YOUR TOTAL ESTIMATED ANNUAL INCOME | $2,141,074 |
| YOUR PRICED PORTFOLIOHOLDINGS | $31,254,039 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT PERIOD February 24, 2001¶
THROUGH March 30, 2001¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER 660-56-7418¶
| LAST STATEMENT | February 23, 2001 |¶
| :--- | :--- |¶
027¶
03/31/01;17:01 001¶
V466¶
EFTA00196548¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
5 of 7¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail¶
INVESTMENT ACTIVITY¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT | |
|---|---|---|---|---|---|---|---|---|---|
| 03/14/01 | 03/13/01 | SOLD | CALL VECTOR GROUP APR 020 AMEX EXP 04/21/2001 UNSOLICITED OPEN CONTRACT | -1,000 | 1.05000 | 101,494.00 | |||
| 03/14/01 | 03/13/01 | BOUGHT | CALL VECTOR GROUP MAR 020 AMEX EXP 03/17/2001 UNSOLICITED CLOSING CONTRACT | 1,000 | 0.60000 | 63,002.50 | |||
| 03/19/01 | JOURNAL | CALL VECTOR GROUP MAR 020 AMEX EXP 03/17/2001 A/E ASSIGNED 00274 | 350 | ||||||
| 03/21/01 | 03/19/01 | SOLD | VECTOR GROUP LTD A/E 350 ASSIGNED | VGR | -35,000 | 20.00000 | 699,099.16 | ||
| TOTAL | -63,002.50 | $800,593.16 | |||||||
DIVIDENDS¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT | |
|---|---|---|---|---|---|---|---|
| 03/28/01 | VECTOR GROUP LTD REC 03/21/01 PAY 03/28/01 | VGR | 502,774 | 0.4000 | 201,109.60 | ||
| TOTAL | $201,109.60 | ||||||
SUBSTITUTEPAYMENTS¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT | |
|---|---|---|---|---|---|---|---|
| 03/28/01 | VECTOR GROUP LTD SUBST PAY ON 172897 SHS | VGR | 69,158.80 | ||||
| TOTAL | $69,158.80 | ||||||
027¶
03/31/01;17:01 001¶
V466¶
EFTA00196549¶
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¶
6 of 7¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
INTEREST¶
STATEMENT PERIOD February 24, 2001¶
THROUGH March 30, 2001¶
ACCOUNT NUMBER¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 03/21/01 | FROM 03/20 THRU 03/20 @5 3/4% BAL 4232,287 AVBAL 4232,287 | 5.7500 | 675.99 | |||
| 03/21/01 | FROM 02/21 THRU 03/19 @6 1/4% BAL 4232,287 AVBAL 4225,188 | 6.2500 | 19,805.57 | |||
| TOTAL | -$20,481.56 | |||||
TAXPAYER NUMBER 660-56-7418¶
| LAST STATEMENT | February 23, 2001 |¶
| :--- | :--- |¶
MISCELLANEOUS¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 03/12/01 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 1,000,000.00 | |
| 03/12/01 | JOURNAL | FROM | 1,000,000.00 | |
| 03/12/01 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 1,000,000.00 | |
| 03/13/01 | JOURNAL | TO PER LOA | 1,000,000.00 | |
| TOTAL | -$2,000,000.00 | $2,000,000.00 | ||
027¶
03/31/01;17:01 001¶
V466¶
EFTA00196550¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
7 of 7¶
Your messages¶
Bear, Stearns Securities Corp. Net Capital and Net Capital Requirements:¶
At November 30, 2000 and January 26, 2001, the Company’s net capital of $2,620,960,000 and $2,761,817,000 was approximately 9% and 10% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $572,456,000 and $559,381,000 by $2,048,504,000 and $2,202,436,000, all respectively.¶
A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearstearns.com. Alternatively, to request a free printed copy please call toll free 1-866-299-9331.¶
CLEARED THROUGH ITS¶
CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
******* End of Statement*******¶
FINANCIAL TRUST COMPANY INC¶
| STATEMENT PERIOD | February 24, 2001 |¶
| :--- | :--- |¶
| THROUGH | March 30, 2001 |¶
| | |¶
| :--- | :--- |¶
| ACCOUNT NUMBER | |¶
| TAXPAYER NUMBER | 660-56-7418 |¶
| LAST STATEMENT | February 23, 2001 |¶
027¶
03/31/01;17:01 001¶
V466¶
EFTA00196551¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
| | |¶
| :--- | :--- |¶
| ACCOUNT EXECUTIVE | ZICHERMAN,IRA |¶
| TELEPHONE | |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
What’s In This Statement¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
| Financial Summary | 3 |
| Your Portfolio Holdings | 4 |
| Transaction Detail | 5 |
| Your Messages | 8 |
| 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¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER 660-56-7418¶
FINANCIAL TRUST COMPANY INC¶
| LAST STATEMENT | January 26, 2001 |¶
| :--- | :--- |¶
STATEMENT PERIOD January 27, 2001¶
Your Portfolio at a Glance¶
THROUGH February 23, 2001¶
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 36,049,203 |
| NET DEBIT BALANCE | -4,270,779 |
| NET EQUITY THIS PERIOD | $31,778,424 |
| NET EQUITY LAST STATEMENT | 15,059,764 |
| CHANGE SINCE LAST STATEMENT | 16,718,660 |
Market Value of Your Portfolio¶
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¶