3 1 hech3.txt FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION _____________________ WASHINGTON, D.C. 20549 | OMB APPROVAL | |_____________________| INITIAL STATEMENT OF |OMB NUMBER: 3235-0104| BENEFICIAL OWNERSHIP OF SECURITIES |EXPIRES: | | JANUARY 31, 2005 | Filed pursuant to Section 16(a) of the |ESTIMATED AVERAGE | Securities Exchange Act of 1934, |BURDEN HOURS | Section 17(a) of the Public Utility |PER RESPONSE..... 0.5| Holding Company Act of 1935 |_____________________| or Section 30(f) of the Investment Company Act of 1940 ------------------------------------------------------------------------------- 1. Name and Address of Reporting Person Kmart Corporation (Attention Treasurer, Ted Stenger) ---------------------------------------------------------------------------- 3100 West Big Beaver Road ---------------------------------------------------------------------------- (Street) Troy Michigan 48084-3163 ---------------------------------------------------------------------------- (City) (State) (Zip) ------------------------------------------------------------------------------- 2. Date of Event Requiring Statement (Month/Day/Year) October 26, 2001 ---------------------------------------------------------------------------- 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) ---------------------------------------------------------------------------- 4. Issuer Name and Ticker or Trading Symbol Hechinger Liquidation Trust (No ticker symbol) ---------------------------------------------------------------------------- 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director (X ) 10% Owner ( ) Officer (give title below) ( ) Other (specify title below) ------------------------------------- ------------------------------------------------------------------------------- 6. If Amendment, Date of Original (Month/Day/Year) ------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) _X_Form filed by One Reporting Person ___Form filed by More than One Reporting Person =============================================================================== TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED ------------------------------------------------------------------------------- 1. Title of Security 2. Amount of 3. Ownership 4. Nature of (Instr. 4) Securities Form: Direct Indirect Beneficially (D) or Beneficial Owned Indirect (I) Ownership (Instr. 4) (Instr. 5) (Instr. 5) Beneficial Interests Beneficial interests D representing $150,000,000 of Allowed Claims* =============================================================================== TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------- 1. Title of Derivative Security (Instr. 4) Not Applicable ------------------------------------------------------------------------------- 2. Date Exercisable and Expiration Date (Month/Day/Year) ________________________ _________________________ Date Exercisable Expiration Date ------------------------------------------------------------------------------- 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) ________________________________ _______________________________ Title Amount or Number of Shares ------------------------------------------------------------------------------- 4. Conversion or Exercise Price of Derivative Security ------------------------------------------------------------------------------- 5. Ownership Form of Derivative Security: Direct(D) or Indirect(I) (Instr. 5) ------------------------------------------------------------------------------- 6. Nature of Indirect Beneficial Ownership (Instr. 5) =============================================================================== EXPLANATION OF RESPONSES: *Kmart Corporation holds a pro rata beneficial interest in the Trust based upon the amount of its Allowed Claims. The amount of Allowed Claims held by Kmart Corporation represent approximately 20% of the total amount of Allowed Claims, the total amount of which is subject to change pursuant to the Hechinger Liquidation Trust Agreement, dated as of October 23, 2001, by and among Hechinger Investment Company of Delaware, Inc. et al., The Official Committee of Unsecured Creditors of Hechinger Investment Company of Delaware, Inc., et. al. and Conrad F. Hocking, as the Liquidation Trustee. /s/ Edward J. Stenger March 13, 2003 --------------------------------- ----------------------- ** SIGNATURE OF REPORTING PERSON DATE _____________________________ ** INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL CRIMINAL VIOLATIONS. SEE 18 U.S.C. 1001 AND 15 U.S.C. 78ff(a). NOTE: FILE THREE COPIES OF THIS FORM, ONE OF WHICH MUST BE MANUALLY SIGNED. IF SPACE IS INSUFFICIENT, SEE INSTRUCTION 6 FOR PROCEDURE. POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB NUMBER. ===============================================================================