UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Rights (right to buy) | 05/04/2007 | 05/21/2007 | Common Stock | 3,314,868 | $ 3.25 | I | By Subsidiary |
Convertible Preferred (right to buy) | 06/03/2003 | 12/31/2049 | Common Stock | 20,609 | $ 23.125 | I | By Subsidiary |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MORGAN STANLEY 1585 BROADWAY NEW YORK, NY 10036 |
 |  X |  |  |
Morgan Stanley, By: /s/ Dennine Bullard, Authorized Signatory | 05/10/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
 Remarks: (1) Morgan Stanley became a 10% Owner due to the approval by shareholders of HAYES LEMMERZ INTERNATIONAL, INC. on May 4,  2007, of, inter alia, a rights offering of up to $180,000,000 to holders of the Company's outstanding Common Stock as of  April 10, 2007, through the issuance of 55,384,615 rights to purchase one share of Common Stock at an exercise price of  $3.25 per share.  The rights are due to expire on May 21, 2007, and the Reporting Person's status as a greater than 10%  beneficial owner under the calculation methodology specified in Rule 13d-3 is not expected to continue after such date. |