Pursuant to Rule 424(b)(3)
Registration No. 333-74100
PROSPECTUS SUPPLEMENT DATED NOVEMBER 1, 2002, TO PROSPECTUS
DATED JANUARY 17,
2002
CRAY INC.
Common Stock
We issued to the holders of our 5% convertible subordinated debentures an aggregate of 69,930 shares of our common stock in lieu of cash in payment of interest on the 5% convertible subordinated debentures due October 31, 2002, as follows:
| Holder | Shares Issued | |||
Riverview Group, LLC |
37,597 | |||
Omicron
Master Trust |
15,038 | |||
Laterman & Co. |
3,760 | |||
Forevergreen Partners |
3,760 | |||
Clarion Capital Corporation |
7,519 | |||
The Morton A. Cohen
Revocable Living Trust |
2,256 | |||
These shares may be resold by the above selling shareholders pursuant to the Prospectus, dated January 17, 2002, as supplemented.