U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Form 3 ------------------------------
OMB Number 3235-0104
Expires: December 31, 2001
Estimated average burden
hours per response . . . . 0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of
1940
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1. Name and Address of Reporting Person 2. Date of Event Re- 4. Issuer Name and Ticker or Trading Symbol
quiring Statement
John Hancock Financial Services, Inc. (Month/Day/Year) Delta and Pine Land Company ("DLP")
February 1, 2000
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(Last) (First) (Middle) 3. IRS or Social Se- 5. Relationship of Reporting Person to Issuer 6. If Amendment,
curity Number of (Check all applicable) Date of
P.O. Box 111 Reporting Person _____ Director __X__ 10% Owner Original
(Month/Day/Year)
_________________________________________ (Voluntary) _____ Officer (give _____ Other(specify February 10, 2000
(Street) title below) below)
04-3483032 _______________________
7. Individual or
Joint/Group Filing
(Check Applicable Line)
X Form Filed by One
--- Reporting Person
Form Filed by More than
Boston, MA 02117 --- One Reporting Person
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(City) (State) (Zip) Table 1 -- Non-Derivative Securities Beneficially Owned
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1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect
(Instr. 4) Beneficially Owned Form: Direct Beneficial Ownership
(Instr. 4) (D) or Indirect (Instr. 5)
(I) (Instr.5)
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Common Stock 4,128,764 I Owned by JHLICO (1)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly (Over)
*If the form is filed by more than one reporting person, see Instructions 5 (b) (v) SEC 1473 (3/99)
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FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
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1.Title of Derivative Security 2. Date Exer- 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) cisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Derivative Security Exercise Form of (Instr. 5)
Date (Instr. 4) Price of Deri-
(Month/Day/ Deri- vative
Year) vative Security
Security
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Date Expira- Amount Direct
Exer- tion or (D) or
cisable Date Title Number Indirect
of (I)
Shares (Instr. 5)
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Collar arrangement
(right/obligation to sell) 8/10/03 8/10/03 Common Stock 400,000 (2) I Owned by JHLICO (1)
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Collar arrangement
(right/obligation to sell) 8/20/03 8/20/03 Common Stock 400,000 (3) I Owned by JHLICO (1)
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Collar arrangement
(right/obligation to sell) 10/13/03 10/13/03 Common Stock 161,982 (4) I Owned by JHLICO (1)
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Collar arrangement
(right/obligation to sell) 12/4/03 12/4/03 Common Stock 509,627 (5) I Owned by JHLICO (1)
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Collar arrangement
(right/obligation to sell) 12/30/03 12/30/03 Common Stock 393,966 (6) I Owned by JHLICO (1)
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Explanation of Responses:
(1) Effective February 1, 2000, John Hancock Financial Services, Inc.
became the parent of John Hancock Life Insurance Company ("JHLICO"),
formerly named John Hancock Mutual Life Insurance Company.
(2) On August 10, 1998, JHLICO entered into a collar arrangement with a
financial institution. Under the terms of the collar arrangement, on its
expiration date, August 10, 2003, JHLICO has the right to require the
financial institution to purchase 400,000 shares of Delta and Pine Land
Company common stock from JHLICO at a price of $38.6062 per share or,
alternatively, the financial institution has the right to require JHLICO to
sell to it 400,000 shares of Delta and Pine Land Company common stock at a
price of $47.1853 per share.
(3) On August 20, 1998, JHLICO entered into a collar arrangement with a
financial institution. Under the terms of the collar arrangement, on its
expiration date, August 20, 2003, JHLICO has the right to require the
financial institution to purchase 400,000 shares of Delta and Pine Land
Company common stock from JHLICO at a price of $40.2125 per share or,
alternatively, the financial institution has the right to require JHLICO to
sell to it 400,000 shares of Delta and Pine Land Company common stock at a
price of $49.1487 per share.
(4) On October 13, 1998, JHLICO entered into a collar arrangement with a
financial institution. Under the terms of the collar arrangement, on its
expiration date, October 13, 2003, JHLICO has the right to require the
financial institution to purchase 161,982 shares of Delta and Pine Land
Company common stock from JHLICO at a price of $43.0067 per share or,
alternatively, the financial institution has the right to require JHLICO to
sell to it 161,982 shares of Delta and Pine Land Company common stock at a
price of $52.5637 per share.
(5) On December 4, 1998, JHLICO entered into a collar arrangement with a
financial institution. Under the terms of the collar arrangement, on its
expiration date, December 4, 2003, JHLICO has the right to require the
financial institution to purchase 509,627 shares of Delta and Pine Land
Company common stock from JHLICO at a price of $32.9660 per share or,
alternatively, the financial institution has the right to require JHLICO to
sell to it 509,627 shares of Delta and Pine Land Company common stock at a
price of $40.2918 per share.
(6) On December 30, 1998, JHLICO entered into a collar arrangement with a
financial institution. Under the terms of the collar arrangement, on its
expiration date, December 30, 2003, JHLICO has the right to require the
financial institution to purchase 393,966 shares of Delta and Pine Land
Company common stock from JHLICO at a price of $32.61 per share or,
alternatively, the financial institution has the right to require JHLICO to
sell to it 393,966 shares of Delta and Pine Land Company common stock at a
price of $39.85 per share.
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
JOHN HANCOCK FINANCIAL SERVICES, INC.
By:/s/Barry J. Rubenstein April 14, 2000
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Barry J. Rubenstein Date
Vice President, Counsel, & Secretary
Note: File three copies of this Form, one of which must be manually signed.
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Page 2 SEC 1473 (3/99)
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