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OMB APPROVAL
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OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden
Hours per response 0.5
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FORM 4
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UNITED STATES SECURITY AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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(f) of the Investment Company Act of 1940
|X| Check this box if no longer subject to Section 16. Form 4 or Form 5
obligation may continue. See Instruction 1(b)
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Warrell, Jr. Raymond P.
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(Last) (First) (Middle)
c/o Genta Incorporated
Two Connell Drive
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(Street)
Berkeley Heights NJ 07922
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Genta Incorporated (Nasdaq: GNTA)
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
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4. Statement for Month/Year
January 31, 2003
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person (s) to Issuer (Check all applicable)
|X| Director |_| 10% Owner
|X| Officer (give title below) |_| Other (specify below)
Chief Executive Officer
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7. Individual or Joint/Group Filing (Check Applicable Line)
|X| Form filed by One Reporting Person
|_| Form filed by More than One Reporting Person
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Table I -- Non Derivative Securities Acquired, Disposed of, or
Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) Amount of ship
3. or Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ---------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (Month/Day/Year) Code V (D) and 4) (Instr. 4) (Instr. 4)
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Common Stock, par value $.001 35,800 (1) I (2)
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Common Stock, par value $.001 10,000 I (3)
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
5(b)(v).
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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10.
9. Owner-
Number ship
of Form of
2. Deriv- Deriv-
Conver- 5. 7. ative ative 11.
sion Number of Title and Amount Secur- Secu- Nature
or Derivative 6. of Underlying 8. ities rities of
Exer- 4. Securities Date Securities Price Bene- Bene- In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially ficially direct
Price Trans- Action or Disposed Expiration Date ---------------- Deriv- Owned Owned Bene-
1. of action Code of (D) (Month/Day/Year) Amount ative at End at End ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of of Owner-
Derivative ative (Month/ 8) 4, and 5) Date Expira- Number ity Month Month ship
Security Secur- Day/ ------- ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Options to $7.861 1/28/03 A 1/28/04 1/28/13 Common 300,000 5,663,262 D
acquire Common Stock,
Stock (4) par value
$.001
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Explanation of Responses:
(1) Does not include 1,000 shares held by the Reporting Person's spouse's
individual retirement account or 5,995 shares held by Reporting Person's
spouse issued as a hiring bonus.
(2) Held by the Reporting Person's individual retirement account.
(3) Shares issued to Relgen LLC, a privately held corporation, of which the
Reporting Person is the majority stockholder.
(4) These options were granted as part of an annual bonus. These options vest
equally over the next four (4) years.
/s/ Raymond P. Warrell, Jr. February 6, 2003
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** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If
space is insufficient, See Instruction 6 for procedure.