Event Details
Operating System->Microsoft Windows->Built-in logs->Windows 2000-2003->Security Log->Logon/Logoff->EventID 535 - Logon Failure - The specified account's password has expired [Win 2003]
EventID 535 - Logon Failure - The specified account's password has expired [Win 2003]
Indicates that user attempt to log on failed because the user account password that was used to log on has expired. This restriction is configured on the user account on the local computer or on the domain.

This event is logged on the workstation or server where the user failed to log on. 
The code in the Logon Type field specifies the logon method used. 
The Workstation name field specifies the NetBIOS name of the remote computer that originated the logon request. If no information is displayed in this field, either a Kerberos logon attempt failed because the ticket could not be decrypted, or a non-Windows NetBIOS implementation or utility did not supply the remote computer name in the logon request.
The Source Network Address and Source Port fields specify the source IP address and source port number for the remote computer that sent the logon request.

For explanation of the values of some fields please refer to the corresponding links below:

Find more information about this event on ultimatewindowssecurity.com.

Corresponding events on other OS versions:

Windows 2000 / XP
Windows 2008
        Event Type:     Failure Audit
        Event Source:   Security
        Event Category: Logon/Logoff
        Event ID:       535
        Date:           10/26/2009
        Time:           07:39:56
        User:           NT AUTHORITY\SYSTEM
        Computer:       DC1
        Logon Failure:
        Reason:		The specified account's password has expired
        User Name:	Paul
        Domain:		RESEARCH
        Logon Type:	2
        Logon Process:	seclogon
        Authentication Package:	Negotiate
        Workstation Name:	DC1
        Caller User Name:	Alebovsky
        Caller Domain:	RESEARCH
        Caller Logon ID:	(0x0,0x59DF36)
        Caller Process ID:	880
        Transited Services:	-
        Source Network Address:	-
        Source Port:	-
Log Type: Windows Event Log
 Uniquely Identified By:
Log Name: Security
Filtering Field Equals to Value
OSVersion Windows 2003
Source Security
Category Logon/Logoff
EventId 535
Field Matching
FieldDescriptionStored inSample Value
DateTime Date/Time of event origination in GMT format. DateTime 10.10.2000 19:00:00
Source Name of an Application or System Service originating the event. Source Security
Type Warning, Information, Error, Success, Failure, etc. Type Success
User Domain\Account name of user/service/computer initiating event. User RESEARCH\Alebovsky
Computer Name of server workstation where event was logged. Computer DC1
EventID Numerical ID of event. Unique within one Event Source. EventId 576
Description The entire unparsed event message. Description Special privileges assigned to new logon.
Log Name The name of the event log (e.g. Application, Security, System, etc.) LogName Security
Category A name for a subclass of events within the same Event Source. Category Logon/Logoff
Domain Domain of the account for which logon is requested. InsertionString2 RESEARCH
User Name Account name of the user logging in InsertionString1 Paul
Logon Type Interactive, Network, Batch, etc. Please find the code descriptions here. InsertionString3 2
Logon Process The program executable that processed the logon. Please find full logon processes list here. InsertionString4 seclogon
Authentication Package The name of the authentication package (method) used to check user credentials (e.g. NTLM or Kerberos). Please find full authentication packages list here. InsertionString5 Negotiate
Workstation Name The NetBIOS name of the remote computer that originated the logon request InsertionString6 DC1
Caller User Name Account name of the user requesting the logon (not the user that attempted logon). Normally it is empty or displays the service principal name InsertionString7 Alebovsky
Caller Domain Domain name of the account mentioned in the "Caller User Name" field InsertionString8 RESEARCH
Caller Logon ID ID of the logon session of the account mentioned in the "Caller User Name" field. Useful for tracking other activity of this account within the same logon session InsertionString9 (0x0,0x59DF36)
Caller Process ID ID of the process initiating the logon request InsertionString10 880
Transited Services Indicates which intermediate services have participated in this logon request InsertionString11 -
Source Network Address The IP address of the remote computer that originated the logon request InsertionString12 -
Source Port The source TCP port of the remote computer that originated the logon request InsertionString13 -
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