-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FO58pFPm4fF+QVbLKxeWYu73EJLTG+payn9go4km6U2sXsSORlC9MRuCaLoYREge +5r0/UVR8lXRMHyvgeIBfA== 0001116679-07-001614.txt : 20070613 0001116679-07-001614.hdr.sgml : 20070613 20070613171619 ACCESSION NUMBER: 0001116679-07-001614 CONFORMED SUBMISSION TYPE: 424B7 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070613 DATE AS OF CHANGE: 20070613 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEXINGTON REALTY TRUST CENTRAL INDEX KEY: 0000910108 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 133717318 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B7 SEC ACT: 1933 Act SEC FILE NUMBER: 333-140073 FILM NUMBER: 07918034 BUSINESS ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4015 CITY: NEW YORK STATE: NY ZIP: 10119 BUSINESS PHONE: (212) 692-7200 MAIL ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4015 CITY: NEW YORK STATE: NY ZIP: 10119 FORMER COMPANY: FORMER CONFORMED NAME: LEXINGTON CORPORATE PROPERTIES TRUST DATE OF NAME CHANGE: 19980625 FORMER COMPANY: FORMER CONFORMED NAME: LEXINGTON CORPORATE PROPERTIES INC DATE OF NAME CHANGE: 19930816 424B7 1 supp.htm

PROSPECTUS SUPPLEMENT NO. 1

Filed Pursuant to Rule 424(b)(7)

(To Prospectus dated May 10, 2007)

Registration Statement No. 333-142820

Lexington Realty Trust

17,823,195 Common Shares of Beneficial Interest

This prospectus supplement no. 1 supplements and amends the prospectus dated May 10, 2007 relating to the resale from time to time of common shares that we may issue to holders named in the prospectus dated May 10, 2007 and in this prospectus supplement of The Lexington Master Limited Partnership’s 5.45% Exchangeable Guaranteed Notes due 2027 upon the exchange or redemption of the notes.

 

     

This prospectus supplement should be read in conjunction with, is qualified by reference to, and must be accompanied by, the prospectus dated May 10, 2007, except to the extent that the information in this prospectus supplement supersedes any information contained in those documents.

 

Our common shares are listed on the New York Stock Exchange under the symbol “LXP”. On June 12, 2007, the last reported sale price of our common shares on the New York Stock Exchange was $20.55 per share.

 

Investing in our common shares involves risks. See “Risk Factors” referred to on page 5 of the prospectus dated May 10, 2007, as well as in the documents incorporated by reference into the prospectus, before investing in our securities.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

The date of this prospectus is June 13, 2007.

 

SELLING SHAREHOLDERS

The information appearing in the table below supplements and supersedes the information with respect to such selling shareholders in the table appearing under the heading “Selling Shareholders” in the prospectus dated May 10, 2007. The information is based solely on information provided to us by or on behalf of the selling shareholders on or prior to June 13, 2007 in Selling Security Holder Notices and Questionnaires. The number of common shares issuable upon the exchange or redemption of the notes shown in the table below assumes exchange of the full amount of notes held by each selling shareholder at the initial exchange rate of 39.6071 shares of our common shares per $1,000 principal amount of notes and a cash payment in lieu of any fractional share, even though we are required to pay the first $1,000 of exchange value in cash. The exchange rate is subject to adjustment in certain events. The selling shareholders may offer all, some or none of the common shares which we may issue upon the exchange or redemption of the notes. Because the selling shareholders may offer all or some portion of such common shares, we cannot estimate the number of common shares that will be held by the selling shareholders upon termination of any of these sales. In addition, the selling shareholders identified below may have sold, transferred or otherwise disposed of all or a portion of their notes or common shares since the date on which they provided the information regarding their notes in transactions exempt from the registration requirements of the Securities Act of 1933, as amended.

 

Selling Shareholder

Number of Shares Beneficially Owned Prior to the Offering(1)(2)

Percentage of Shares Beneficially Owned Prior to the Offering(3)

Number of Shares Offered Pursuant
to this Prospectus

Number of Shares Beneficially Owned After the Offering(4)

Percentage of Shares Beneficially Owned After the Offering(3)

HFR CA Select Master Trust Fund(5)

39,608

*

39,608

0

*

Institutional Benchmarks Series (Master Feeder, Ltd.)(5)

43,568

*

43,568

0

*

Kamunting Street Master Fund Ltd.(6)

396,071

*

396,071

0

*

National Bank of Canada - Tenor(7)

19,803

*

19,803

0

*

Redbrick Capital Master Fund, Ltd.(8)

189,360

*

189,360

0

*

San Diego County Employees Retirement Association(5)

83,175

*

83,175

0

*

Sanno Point Master Fund Ltd.(9)

495,089

*

495,089

0

*

Tenor Opportunity Master Fund, Ltd.(7)

178,232

*

178,232

0

*

Zazove Convertible Arbitrage Fund, L.P.(5)

200,016

*

200,016

0

*

Zazove Hedged Convertible Fund, L.P.(5)

118,822

*

118,822

0

*

 

*

Less than one percent.

(1)

Based on information available to us as of June 11, 2007 in Selling Security Holder Notices and Questionnaires delivered by the selling shareholders.

(2)

The number of common shares issuable upon the exchange or redemption of the notes assumes exchange of the full amount of notes held by each selling shareholder at the initial exchange rate of 39.6071 shares of our common shares per $1,000 principal amount of notes and a cash payment in lieu of any fractional share, even though we are required to pay the first $1,000 of exchange value in cash. The exchange rate is subject to adjustment in certain events.

(3)

Based on a total of 66,247,787 shares of our common stock outstanding as of June 8, 2007.

(4)

Assumes the selling shareholder sells all of its common shares offered pursuant to this prospectus.

(5)

Gene Pretti exercises voting and/or dispositive powers with respect to these securities.

(6)

Allan Teh exercises voting and/or dispositive powers with respect to these securities.

(7)

Robin R. Shah exercises voting power with respect to these securities.

(8)

Jeff Baum and Tony Morgan, as principles for Redbrick Capital Management, Ltd., exercise voting and/or dispositive power with respect to these securities.

(9)

David Hammend and Mark Tanaka exercise dispositive powers with respect to these securities.

 

 

 

 

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