SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Lucent Technologies Inc. Master Pension Trust

(Last) (First) (Middle)
600 MOUNTAIN AVENUE
ROOM 7D-523

(Street)
MURRAY HILL NJ 07974

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DORCHESTER MINERALS LP [ DMLP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/14/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Units 02/14/2005 S 2,541(1) D $23.85 3,593,000 D
Common Units 02/14/2005 S 37(2) D $23.86 3,592,963 D
Common Units 02/14/2005 S 2(3) D $23.87 3,592,961 D
Common Units 02/15/2004 S 3,686 D $23.75 3,589,275 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reporting Person was actually allocated 2,541.3 common units at $23.85 (out of a total 2,580 common units sold in three transactions on 2/14/05 as reported herein)
2. Reporting Person was actually allocated 36.8571 common units at $23.86 (out of a total of 2,580 common units sold in three transactions on 2/14/2005 as reported herein)
3. Reporting Person was actually allocated 1.8429 common units at $23.87 (out of a total of 2,580 common units sold in three transactions on 2/14/2005 as reported herein)
Remarks:
With respect to the 3,593,000 Securities beneficially owned by Reporting Person as set forth in Table 1, Item 5, after actual allocation noted in footnote 1, common units owned by Reporting Person would be 3,592,999.7. With respect to the 3,592,963 Securities beneficially owned by Reporting Person as set forth in Table 1, Item 5, after actual allocation noted in footnote 2, common units owned by Reporting Person would be 3,592,962.8429.
/s/ Patrick Swearingen, Attorney in fact 02/16/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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                                  Exhibit 99.1


                                Power of Attorney

         The undersigned, Lucent Technologies Inc. Master Pension Trust
("Lucent"), does hereby make, constitute and appoint each of Patrick Swearingen,
Alan Hsia, Eli Krupnik and Imelda Tuason, each of whom is an officer of Energy
Trust LLC, and each of whose address is Energy Trust LLC, 551 5th Ave. 37th
Floor, New York, NY 10176, acting severally, as its true and lawful
attorneys-in-fact, for it and in its name, place and stead (i) to execute on
behalf of Lucent and cause to be filed and/or delivered, any number, as
appropriate, of original, copies or electronic filings of any forms (including,
without limitation, Securities and Exchange Commission Forms 3, 4 and 5)
required to be filed pursuant to Section 16(a) of the Securities Exchange Act of
1934 and the regulations thereunder in connection with Lucent's ownership of
common units of Dorchester Minerals, L.P. and (ii) generally to take such other
actions and perform such other things necessary to effectuate the foregoing as
fully in a all respects as if the undersigned could do if personally present.
This Power of Attorney shall remain in effect until revoked, in writing, by the
undersigned.

         IN WITNESS WHEREOF, the undersigned has executed this Power of
Attorney, this 16th day of February, 2005.


                                 LUCENT TECHNOLOGIES INC. MASTER PENSION TRUST

                                 By:  Mellon Trust of New England, N.A.,
                                      solely in its capacity as Trustee for the
                                      Lucent Technologies Inc. Master Pension
                                      Trust, (as directed by the Investment
                                      Fiduciary), and not in its individual
                                      capacity

                                      By:  /s/ Carole Bruno
                                           ------------------------------------
                                           Name:   Carole Bruno
                                           Title:  Authorized Signatory