UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Scull, Harvey R.
c/o TELLABS OPERATIONS, INC.
4951 Indiana Avenue
Lisle, IL 60532
USA
2. Issuer Name and Ticker or Trading Symbol
Tellabs, Inc.
(TLAB)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
11/99
5. If Amendment, Date of Original (Month/Year)
05/99
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Vice President
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>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock | | | | | | |460 (1) |I |(2) |
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Common Stock | | | | | | |50,370 (1) (4) |D | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Options|$0.7657 | | | | | | | |Common Stock|114,000| | | | |
(rights to buy) (3) | | | | | | | | | | | | | | |
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Employee Stock Options|$2.5000 | | | | | | | |Common Stock|40,000 | | | | |
(rights to buy) (3) | | | | | | | | | | | | | | |
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Employee Stock Options|$8.3438 | | | | | | | |Common Stock|40,000 | | | | |
(rights to buy) (3) | | | | | | | | | | | | | | |
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Employee Stock Options|$14.3125| | | | | | | |Common Stock|40,000 | | | | |
(rights to buy) (3) | | | | | | | | | | | | | | |
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Employee Stock Options|$25.2500| | | | | | | |Common Stock|20,000 | | | | |
(rights to buy) (3) | | | | | | | | | | | | | | |
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Employee Stock Options|$17.1250| | | | | | | |Common Stock|20,000 | |274,000 (1) |D | |
(rights to buy) (3) | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
(1) The end of period holdings have been modified to reflect the effect of the
2-for-1 stock split effective May 17, 1999.
(2) These shares are held for the benefit of the reporting person in the
Tellabs Advantage Program.
(3) These stock options were previously reported as options for 57,000, 20,000,
20,000, 10,000 and 10,000 shares, respectively, at per share prices
of $1.5313, $5.0000, $16.6875, $28.6250, $50.5000 and $34.2500, respectively,
each as adjusted for all prior stock splits and other transactions and
have been further adjusted to reflect the 2-for-1 stock split effective May 17,
1999.
(4) The original Form 4 filed on behalf of the reporting person reflected a
typographical error for the total number of securities beneficially owned at
the end of the
month.
SIGNATURE OF REPORTING PERSON
/s/ Harvey R. Scull
