Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Carapezzi William R JR
  2. Issuer Name and Ticker or Trading Symbol
LUCENT TECHNOLOGIES INC [LU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, Gen. Counsel & Corp Sec.
(Last)
(First)
(Middle)
600 MOUNTAIN AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
11/30/2006
(Street)

MURRAY HILL, NJ 07974
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 Stock 11/30/2006   D   139,572 (1) D $ 0 0 (1) D  

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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 Underlying Securities
(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 of Derivative Security: 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
Employee Stock Options (Right to buy) $ 1.42 11/30/2006   D     187,500 11/30/2006 12/15/2009 Common Stock 187,500 $ 0 0 (2) D  
Employee Stock Options (Right to buy) $ 1.78 11/30/2006   D     319,445 11/30/2006 11/24/2007 Common Stock 319,445 $ 0 0 (2) D  
Employee Stock Options (Right to buy) $ 2.42 11/30/2006   D     403,819   (3) 10/31/2013 Common Stock 403,819 $ 0 0 (2) D  
Employee Stock Options (Right to buy) $ 2.82 11/30/2006   D     456,250   (4) 11/30/2012 Common Stock 456,250 $ 0 0 (2) D  
Employee Stock Options (Right to buy) $ 3.21 11/30/2006   D     300,000   (5) 11/30/2010 Common Stock 300,000 $ 0 0 (2) D  
Employee Stock Options (Right to buy) $ 3.7 11/30/2006   D     100,000   (6) 06/30/2011 Common Stock 100,000 $ 0 0 (2) D  
Employee Stock Options (Right to buy) $ 3.955 11/30/2006   D     450,000   (7) 11/30/2011 Common Stock 450,000 $ 0 0 (2) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Carapezzi William R JR
600 MOUNTAIN AVENUE
MURRAY HILL, NJ 07974
      SVP, Gen. Counsel & Corp Sec.  

Signatures

 William R. Carapezzi, Jr.   11/30/2006
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(2) Pursuant to the terms of the merger agreement, each option to purchase Lucent stock was converted into the right to purchase 0.1952 of an American Depositary Share of Alcatel-Lucent ( the combined company).
(7) On 11/30/2006, there were 112,500 options under this grant that were fully vested and exercisable. The remaining options, after conversion to Alcatel Lucent options, will vest in three equal annual installments beginning on 12/1/2006
(3) These options, after conversion to Alcatel-Lucent options, will vest in four equal annual installments beginning on 11/1/2007.
(6) On 11/30/2006, there were 50,000 options under this grant that were fully vested and exercisable. The remaining options, after conversion to Alcatel Lucent options, will vest in two equal annual installments on 7/1/2007 and 7/1/2008.
(4) These options, after conversion to Alcatel-Lucent options, will vest in four equal annual installments, beginning on 12/1/2006.
(1) Pursuant to the terms of the merger agreement between Alcatel and Lucent Technologies Inc., each share of Lucent common stock, par value $.01 per share, was converted into 0.1952 of an American Depositary Share of Alcatel-Lucent ( the combined company).
(5) As of 11/31/2006, there were 150,000 options that were fully vested and exercisable. The remaining 150,000 options, after conversion to Alcatel Lucent options, will vest in equal annual installments on each of 12/1/2006 and 12/1/2007.

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