Edgar Filing: LUCENT TECHNOLOGIES INC

PROSPECTUS SUPPLEMENT Filed Pursuant to Rule 424(b)(3)

(TO PROSPECTUS DATED JANUARY 8, 2002) Registration No. 333-72282

[LUCENT TECHNOLOGIES LOGO]
LUCENT TECHNOLOGIES INC.

1,885,000 SHARES OF 8.00% REDEEMABLE CUMULATIVE CONVERTIBLE PREFERRED STOCK

$1,885,000,000 PRINCIPAL AGGREGATE AMOUNT OF 8.00% CONVERTIBLE SUBORDINATED
DEBENTURES ISSUABLE IN EXCHANGE FOR THE PREFERRED STOCK

252,005,273 SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE OF THE CONVERSION
PRIVILEGE ATTACHED TO THE PREFERRED STOCK OR CONVERTIBLE SUBORDINATED DEBENTURES

46,328,725 SHARES OF COMMON STOCK ISSUABLE IN CONNECTION WITH THE PAYMENT OF
DIVIDENDS ON THE PREFERRED STOCK

This prospectus supplement relates to resales of preferred stock and to
sales of convertible subordinated debentures that may be issued in exchange for
preferred stock and to common stock that may be issued upon conversion of
preferred stock or convertible subordinated debentures, by the securityholders
named under the caption "Selling Securityholders" in this prospectus supplement
and the accompanying prospectus, all as described under the caption "Plan of
Distribution" in the accompanying prospectus. This prospectus supplement should
be read in conjunction with the accompanying prospectus dated January 8, 2002,
which is to be delivered with this prospectus supplement.

The table appearing under "Selling Securityholders" in the accompanying
prospectus is hereby amended by the addition of, or the listing of additional
securities for, the following selling securityholders:

SHARES OF
COMMON
STOCK
PRINCIPAL AMOUNT OWNED
SHARES OF OF CONVERTIBLE SHARES OF PRIOR TO
PREFERRED SUBORDINATED COMMON THIS
SELLING SECURITYHOLDER(1) STOCK(2) DEBENTURES(2)(3) STOCK(4) OFFERING
------------------------- --------- ---------------- ---------- ---------

1976 Distribution Trust FBO A.R. Lauder/
Zinterhofer................................ 7 $ 7,000 936 nil
1976 Distribution Trust FBO Jane A. Lauder... 13 13,000 1,738 nil
2000 Revocable Trust FBO A.R. Lauder/
Zinterhofer................................ 7 7,000 936 nil
ACM Research Fund............................ 1,730 1,730,000 231,284 nil
Advent Convertible Master Caymen L.P......... 3,686 3,686,000 492,781 nil
Allentown City Firefighters Pension Plan..... 25 25,000 3,343 nil
Allentown City Officers & Employees Pension
Fund....................................... 10 10,000 1,337 nil
Allentown City Police Pension Plan........... 45 45,000 6,017 nil
Amarath Securities L.L.C.(5)................. 10,250 10,250,000 1,370,321 nil
American Motorist Insurance Company.......... 516 516,000 68,984 nil
Arapahoe County Colorado..................... 51 51,000 6,819 nil
Banc of America Securities LLC............... 2,743 2,743,000 366,712 nil
Bank of America Pension Plan................. 1,350 1,350,000 180,482 nil
British Virgin Islands Social Security
Board...................................... 39 39,000 5,214 nil
Canyon Capital Arbitrage Master Fund, Ltd.... 2,550 2,550,000 340,909 nil
Canyon Mac 18 (RMF) Ltd. .................... 595 595,000 79,546 nil
Canyon Value Realization Fund (Cayman),
Ltd. ...................................... 3,485 3,485,000 465,909 nil
City of New Orleans.......................... 208 208,000 27,808 nil

City University of New York.................. 125 125,000 16,712 nil
Common Fund Event Driven Company c/o IBT Fund
Services (Cayman).......................... 521 521,000 69,653 nil
Credit Suisse First Boston Corp. ............ 2,000 2,000,000 267,380 nil
Deeprock & Co. .............................. 1,000 1,000,000 133,690 nil
General Motors Welfare Benefit Trust
(VEBA)..................................... 1,000 1,000,000 133,690 nil
GLG Global Convertible Fund.................. 7,185 7,185,000 960,562 nil
GLG Global Convertible UCITS Fund............ 815 815,000 108,958 nil
Grady Hospital Foundation.................... 110 110,000 14,706 nil
HFR Convertible Arbitrage Account............ 214 214,000 28,610 nil
Independence Blue Cross...................... 225 225,000 30,081 nil
Island Drive Offshore, Ltd. ................. 1,300 1,300,000 173,797 nil
Jeffries & Company, Inc. .................... 2,500 2,500,000 334,225 nil
JMG Capital Partners LP(5)................... 500 500,000 66,845 nil
JMG Triton Offshore Fund, LTD(5)............. 9,600 9,600,000 1,283,423 nil
Lehman Brothers Inc. ........................ 110,000 110,000,000 14,705,878 nil
Lehman Brothers Special Finance.............. 62,925 62,925,000 8,412,431 nil
Levco Alternative Fund, Ltd. ................ 13,649 13,649,000 1,824,733 nil
Local Initiatives Support Corporation........ 50 50,000 6,685 nil
Lyxor Master Fund............................ 843 843,000 112,701 nil
McMahan Securities Co. L.P.(5)............... 7,040 7,040,000 941,177 nil
Merril Lynch Insurance Group................. 276 276,000 36,899 nil
Minnesota Power and Light.................... 160 160,000 21,391 nil
Morgan Stanley............................... 7,500 7,500,000 1,002,674 nil
Municipal Employees.......................... 187 187,000 25,000 nil
Nabisco Holdings............................. 30 30,000 4,011 nil
New Orleans Firefighters Pension/Relief
Fund....................................... 113 113,000 15,107 nil
Occidental Petroleum Corporation............. 214 214,000 28,610 nil
Ohio Bureau of Workers Compensation.......... 150 150,000 20,054 nil
Oppehheimer Convertible Securities Fund...... 5,000 5,000,000 668,450 nil
Paloma Securities L.L.C.(5).................. 2,250 2,250,000 300,803 nil
Parsimony Limited............................ 3,000 3,000,000 401,070 nil
Peoples Benefit Life Insurance Company
(Teamsters Separate Account)............... 3,350 3,350,000 447,861 nil
Policeman and Firemen Retirement System of
the City of Detroit........................ 513 513,000 68,583 nil
Pro-mutual................................... 613 613,000 81,952 nil
Purchase Associates, L.P. ................... 3,687 3,687,000 492,914 nil
Raytheon Master Pension Trust................ 206 206,000 27,541 nil
Retail Clerks Pension Trust.................. 1,600 1,600,000 213,904 nil
RJR Reynolds................................. 85 85,000 11,364 nil

Sagamore Hill Hub Fund, Ltd. ................ 14,750 14,750,000 1,971,925 nil
Shell Pension Trust.......................... 504 504,000 67,380 nil
Silverado Arbitrage Trading, LTD............. 1,025 1,025,000 137,033 nil
St. Albans Partners Ltd. .................... 3,350 3,350,000 447,861 nil
State of Maryland Retirement Agency.......... 2,636 2,636,000 352,407 nil
Susquehanna Capital Group.................... 3,500 3,500,000 467,915 nil
The Grable Foundation........................ 99 99,000 13,236 nil
Tribeca Investments, L.L.C.(5)............... 3,000 3,000,000 401,070 nil
Trustmark Insurance Company.................. 285 285,000 38,102 nil
UBS AG, London Branch(5)..................... 34,200 34,200,000 4,572,192 nil
UBS O'Connor LLC f/b/o UBS Global Convertible
Portfolio.................................. 1,000 1,000,000 133,690 nil
UBS O'Connor LLC f/b/o UBS Global Equity
Arbitrage Master Ltd. ..................... 26,000 26,000,000 3,475,935 nil
UBS Warburg LLC.............................. 15,412 15,412,000 2,060,428 nil
US Allianz Growth & Income Fund.............. 22 22,000 2,942 28,390
Value Realization Fund, L.P. ................ 1,870 1,870,000 250,000 nil
Van Kampen Equity Income Fund................ 13,633 13,633,000 1,822,594 3,715,600
Van Kampen Growth & Income Fund.............. 5,935 5,935,000 793,449 3,925,100
Van Kampen Harbor Fund....................... 4,000 4,000,000 534,760 28,390
Van Kampen Life Investment Trust Growth &
Income Portfolio........................... 410 410,000 54,813 347,800
Whitebox Convertible Arbitrage Partners
L.P. ...................................... 7,000 7,000,000 935,829 nil
Yield Strategies Fund I, L.P. ............... 3,350 3,350,000 447,861 nil
Yield Strategies Fund II, L.P. .............. 3,350 3,350,000 447,861 nil
Other selling securityholders(1)............. 220,722 220,722,000 29,508,281 Unknown

---------------

(1) Information about other selling securityholders may be provided in
prospectus supplements or post-effective amendments.

(2) In each case, none of these securities were held prior to this offering.

(3) Based on the principal amount of convertible subordinated debentures
originally issuable in exchange for the preferred stock, calculated by
reference to the initial liquidation preference of the preferred stock of
$1,000.00 per share. The principal amount is subject to increase as a result
of increases in the liquidation preference of the preferred stock to reflect
the accretion of unpaid dividends. See "Description of Preferred
Stock -- Exchange Right" in the accompanying prospectus.

(4) Based on the shares of common stock originally issuable upon exercise of the
conversion privilege attached to the preferred stock or the convertible
subordinated debentures with fractions rounded up to the nearest whole
share. The number of shares of common stock so issuable is subject to
increase as a result of antidilution adjustments and, in the case of
conversion of the preferred stock, increases in the liquidation preference
of the preferred stock to reflect the accretion of unpaid dividends. No
fractional shares of common stock will be issued upon conversion of the
preferred stock. Instead of issuing fractional shares, we will deliver scrip
that will entitle the holder to receive a full share upon surrender of such
scrip aggregating a full share. See "Description of Preferred
Stock -- Conversion

Rights" and Description of the Convertible Subordinated
Debentures -- Conversion," in the accompanying prospectus.

(5) The number of securities listed in this prospectus supplement against the
name of this selling securityholder is in addition to the number of
securities listed against the name of this selling securityholder in the
accompanying prospectus.

Unless otherwise disclosed in the footnotes to the table above, no selling
securityholder has, or within the past three years has had, any position, office
or other material relationship with us or any or our predecessors or affiliates.

Our common stock trades on The New York Stock Exchange under the symbol
"LU". On February 6, 2002, the closing sale price of our common stock was $5.76
per share.

INVESTING IN OUR PREFERRED STOCK, CONVERTIBLE SUBORDINATED DEBENTURES OR
OUR COMMON STOCK INVOLVES RISKS. "RISK FACTORS" BEGINS ON PAGE 9 OF THE
ACCOMPANYING PROSPECTUS.

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE
ADEQUACY OR ACCURACY OF THIS PROSPECTUS SUPPLEMENT OR THE PROSPECTUS WHICH
ACCOMPANIES THIS PROSPECTUS SUPPLEMENT. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.

The date of this prospectus supplement is February 7, 2002