THE BEAR STEARNS COMPANIES INC.
IncomeNotesSM
With Maturities of Nine Months or More from Date of Issue
Registration No. 333-104455
Filed Pursuant to Rule 424(b)(3)
Pricing Supplement No. 4
(To Prospectus dated April 24, 2003,
and Prospectus Supplement dated June 19, 2003)
Trade Date: July 21, 2003
Issue Date: July 24, 2003
The date of this Pricing Supplement is July 21, 2003
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Price to Discounts & Interest
CUSIP# Interest Rate Maturity Date Public Commissions Reallowance Dealer Payment Frequency
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07387EAJ6 4.35% 7/15/2013 100.00% 1.50% 0.200% 98.90% Semi
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07387EAK3 4.85% 7/15/2018 100.00% 2.00% 0.350% 98.40% Monthly
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07387EAL1 5.15% 7/15/2023 100.00% 2.50% 0.350% 98.00% Monthly
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Subject to Redemption
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First
First Interest Aggregate
Interest Payment Survivor's Principal
Payment Date Amount Option Yes/No Date and Terms of Redemption Amount Net Proceeds
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1/15/2004 $20.66 Yes No N/A $821,000 $808,685
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8/15/2003 $2.83 Yes Yes Commencing 7/15/2006 and on the interest $914,000 $895,720
payment dates thereafter until Maturity,
the Notes may be called in whole at par at
the option of the Company on ten calendar
days notice.
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8/15/2003 $3.00 Yes Yes Commencing 7/15/2008 and on the interest $1,772,000 $1,727,700
payment dates thereafter until Maturity,
the Notes may be called in whole at par at
the option of the Company on ten calendar
days notice.
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At May 31, 2003:
o the Company had outstanding (on an unconsolidated basis) approximately
$39.8 billion of debt and other obligations, including approximately $36.7
billion of unsecured senior debt and $2.5 billion of unsecured
inter-company debt; and
o subsidiaries of the Company had outstanding (after elimination of
inter-company items) approximately $163.9 billion of debt and other
obligations (including $45.5 billion related to securities sold under
repurchase agreements, $60.7 billion related to payables to customers,
$29.2 billion related to financial instruments sold, but not yet
purchased, and $28.5 billion of other liabilities, including $15.9 billion
of debt).
The distribution of IncomeNotes will conform to the requirements set forth in
Rule 2720 of the NASD Conduct Rules.