EFTA00196552¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
2 of 8¶
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¶
EFTA00196553¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
3 of 8¶
Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $160,421.16 |
| Securities Sold | 1,195,456.89 |
| Funds Deposited | 14,504,392.82 |
| Dividends/Interest | 14,792.30 |
| Amount Credited | $15,714,642.01 |
| Securities Bought | -195,842.50 |
| Funds Withdrawn | -19,950,000.00 |
| Amount Debited | $-20,145,842.50 |
| Net Cash Activity | -4,431,200.49 |
| Closing Balance | $-4,270,779.33 |
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 | |
| Cash | 160,421.16 | 0.00 |
| Margin | 0.00 | -4,270,779.33 |
| Net Cash Balance | $160,421.16 | $-4,270,779.33 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
| Credit Balance Int. | 14,792.30 | 22,069.76 |
| Total | $14,792.30 | $22,069.76 |
Portfolio Composition¶
| SHORT | LONG | |
| Cash/Cash Equivalent | 4,270,779 | |
| Equities | 595,730 | 36,644,933 |
| Total | $4,866,509 | $36,644,933 |
Bear, Stearns Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
| STATEMENT PERIOD | January 27, 2001 |
|---|---|
| THROUGH | February 23, 2001 |
| ACCOUNT NUMBER | |
|---|---|
| TAXPAYER NUMBER | 660-56-7418 |
| LAST STATEMENT | January 26, 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.¶
EFTA00196554¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
4 of 8¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME |
|---|---|---|---|---|---|
| CASH BALANCE | -4,270,779 | ||||
| TOTAL CASH & CASH EQUIVALENTS | $-4,270,779 |
EQUITIES¶
Equities & Options¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| BOSTON PROPERTIES INC | BXP | CASH | 500,000 | 40.2000 | 20,100,000 | 1,060,000 | 5.2736 |
| CHILDRENS PLACE RETAIL STORES INC | PLCE | CASH | 60,000 | 21.1250 | 1,267,500 | ||
| TELIGENT INC-CL A | TGNT | CASH | 60,000 | 1.6250 | 97,500 | ||
| VECTOR GROUP LTD | VGR | MRGN | 710,671 | 21.3600 | 15,179,933 | 1,137,074 | 7.4906 |
| CALL VECTOR GROUP MAR 020 AMEX EXP 03/17/2001 | VGRC20 | MRGN | -1,350 | 2.1500 | -290,250 | ||
| CALL VECTOR GROUP MAY 020 AMEX EXP 05/19/2001 | VGRE20 | MRGN | -1,091 | 2.8000 | -305,480 | ||
| Total Equities& Options | $36,049,203 | $2,197,074 | |||||
| TOTAL EQUITIES | $36,049,203 | $2,197,074 |
| YOUR TOTAL ESTIMATED ANNUAL INCOME | $2,197,074 |
| YOUR PRICED PORTFOLIOHOLDINGS | $31,778,423 |
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 January 27, 2001¶
THROUGH February 23, 2001¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER 660-56-7418¶
| LAST STATEMENT | January 26, 2001 |¶
| :--- | :--- |¶
027¶
02/24/01;20:42 001¶
EFTA00196555¶
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¶
5 of 8¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail¶
STATEMENT PERIOD January 27, 2001¶
THROUGH February 23, 2001¶
INVESTMENT ACTIVITY¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER 660-56-7418¶
| LAST STATEMENT | January 26, 2001 |¶
| :--- | :--- |¶
| INDEX | DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 01/29/01 | 01/26/01 | SOLD | CALL VECTOR GROUP MAR 020AMEX EXP 03/17/2001 CUSIP NUMBER TO FOLLOW, UNSOLICITED OPEN CONTRACT | -350 | 1.01790 | 34,397.81 | ||
| 01/29/01 | RECEIVED | ASIA GLOBAL CROSSING LTD CL A 0015 | AGCX | 15,000 | ||||
| 01/30/01 | 01/25/01 | SOLD | ASIA GLOBAL CROSSING LTD CL A UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE: 8,345800 DFFERENCE • 0,060000 | AGCX | -15,000 | 8.28580 | 124,280.35 | |
| 01/30/01 | 01/29/01 | SOLD | CALL VECTOR GROUP MAR 020AMEX EXP 03/17/2001 UNSOLICITED OPEN CONTRACT | -1,000 | 0.80000 | 77,494.83 | ||
| 01/31/01 | 01/26/01 | SOLD | ASIA GLOBAL CROSSING LTD CL A UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE: 9,113500 DFFERENCE • 0,060000 | AGCX | -25,000 | 9.05250 | 226,302.45 | |
| 01/31/01 | RECEIVED | ASIA GLOBAL CROSSING LTD CL A 0015 | AGCX | 85,000 | ||||
| 02/01/01 | 01/29/01 | SOLD | ASIA GLOBAL CROSSING LTD CL A UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE: 8,760400 DFFERENCE • 0,060000 | AGCX | -60,000 | 8.70040 | 522,004.09 |
027¶
02/24/01;20:42 001¶
EFTA00196556¶
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 Meterotech Center North Brooklyn, New York 11201-3859¶
6 of 8¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD January 27, 2001¶
THROUGH February 23, 2001¶
INVESTMENT ACTIVITY (continued)¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER 660-56-7418¶
| LAST STATEMENT | January 26, 2001 |¶
| :--- | :--- |¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 02/12/01 | 02/09/01 | BOUGHT | CALL VECTOR GROUP FEB 019AMEX ADJ 5% STOCK DIVIDEND EXP 02/17/2001 UNSOLICITED CLOSING CONTRACT | 1,020 | 1.80000 | 195,842.50 | ||
| 02/12/01 | 02/09/01 | SOLD | CALL VECTOR GROUP MAY 020AMEX EXP 05/19/2001 UNSOLICITED OPEN CONTRACT | -1,071 | 2.00000 | 210,977.36 | ||
| 02/21/01 | RECEIVED | BOSTON PROPERTIES INC DWAC | BXP | 500,000 | ||||
| 02/21/01 | JOURNAL | VECTOR GROUP LTD JOURNAL FROM TYPE 1 TO 2 | VGR | -710,671 | ||||
| 02/21/01 | JOURNAL | CALL VECTOR GROUP MAR 020AMEX EXP 03/17/2001 JOURNAL FROM TYPE 2 TO 1 | 1,350 | |||||
| 02/21/01 | JOURNAL | CALL VECTOR GROUP MAY 020AMEX EXP 05/19/2001 JOURNAL FROM TYPE 2 TO 1 | 1,091 | |||||
| 02/21/01 | JOURNAL | VECTOR GROUP LTD JOURNAL FROM TYPE 1 TO 2 | VGR | 710,671 | ||||
| 02/21/01 | JOURNAL | CALL VECTOR GROUP MAR 020AMEX EXP 03/17/2001 JOURNAL FROM TYPE 2 TO 1 | -1,350 | |||||
| 02/21/01 | JOURNAL | CALL VECTOR GROUP MAY 020AMEX EXP 05/19/2001 JOURNAL FROM TYPE 2 TO 1 | -1,091 | |||||
| TOTAL | -195,842.50 | $1,195,456.89 | ||||||
027¶
02/24/01;20:42 00:¶
EFTA00196557¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
7 of 8¶
Transaction Detail (continued)¶
DEPOSITS AND WITHDRAWALS¶
| DATE | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 02/05/01 | FUNDS REC | ENDS WIRED TO CITIBANK FROM BANKERS NYC | 4,392.82 | |
| 02/16/01 | FUNDS REC | ENDS WIRED TO CITIBANK FROM J.P. MORGAN | 14,500,000.00 | |
| 02/21/01 | FND WIRED | WIRED TO BANK OF NEW YORK (PUT DIFF. ON MARGIN) | 19,950,000.00 | |
| TOTAL | -19,950,000.00 | $14,504,392.82 | ||
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
INTEREST¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 02/21/01 | INTEREST ON CREDIT BALANCE AT 5 1/2% 01/21 THRU 01/30 | 5.5000 | 1,427.38 | |||
| 02/21/01 | INTEREST ON CREDIT BALANCE AT 5,000% 01/31 THRU 02/20 | 5.0000 | 13,364.92 | |||
| TOTAL | $14,792.30 | |||||
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
MISCELLANEOUS¶
STATEMENT PERIOD January 27, 2001¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 02/21/01 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 4,285,571.63 | |
| 02/21/01 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 4,285,571.63 | |
| 02/22/01 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 14,792.30 |
| LAST STATEMENT | January 26, 2001 |¶
| :--- | :--- |¶
Note: The table is empty as there are no headings or paragraphs.¶
THROUGH February 23, 2001¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER 660-56-7418¶
FINANCIAL TRUST COMPANY INC¶
027¶
EFTA00196558¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
8 of 8¶
Transaction Detail (continued)¶
MISCELLANEOUS (continued)¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 02/22/01 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 14,792.30 | |
| TOTAL | -4,300,363.93 | $4,300,363.93 |
Your messages¶
The interest, if any, charged to your account during December 2000 was computed on the net debit balance through December 28. The interest, if any, charged to your account during January 2001 is computed from December 29, 2000.¶
STOP¶
******* End of Statement*******¶
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 January 27, 2001¶
THROUGH February 23, 2001¶
ACCOUNT NUMBER¶
| LAST STATEMENT | January 26, 2001 |¶
| :--- | :--- |¶
TAXPAYER NUMBER 660-56-7418¶
027¶
02/24/01;20:42 001¶