FORM 4 OMB APPROVAL
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OMB NUMBER: 3235-0104
Expires: December 31, 20001
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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
[_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
(Print or Type Response)
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1. Name and Address of Reporting Person*
Klem Robert E.
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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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3. Statement for Month/Year
January 2002
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5. If Amendment, Date of Original (Month/Day/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[_] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
VP & Chief Technical 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) or Amount of ship
3. Disposed of (D) Securities From: 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 1/02/02 X 6,000 A $0.94375
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Common Stock, par value $.001 1/02/02 S 6,000 D $13.9658
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Common Stock, par value $.001 1/15/02 X 6,000 A $0.94375
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Common Stock, par value $.001 1/15/02 S 6,000 D $13.3500 -0- (1)
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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).
POTENTIAL PERSONS WHO ARE TO 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.
SEC1474 (3-99)
FORM 4 (CONTINUED)
TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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10.
Owner-
ship
9. Form
2. Number of
Conver- 5. 7. of Deriv- 11.
sion Number of Title and Amount Deriv- ative Nature
or Derivative 6. of Underlying 8. ative Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) 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 $0.94375 1/02/02 X 6,000 3/31/99 5/28/08 Common 6,000 $5,662.50
acquire Common Stock,
Stock (2) par
value
$.001
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Options to $0.94375 1/15/02 X 6,000 3/31/99 5/28/08 Common 6,000 $5,662.50
acquire Common Stock,
Stock (2) par
value
$.001
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Options to $13.70 1/25/02 A 1/25/03 1/25/12 Common 15,000 637,353 D
acquire Common Stock,
Stock (3) par
value
$.001
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Explanation of Responses
(1) Does not include 12,000 shares held by the Reporting Person's
children's individual retirement accounts.
(2) Issued under the Company's 1998 Employee Stock Incentive Plan.
(3) These options were granted as part of an annual bonus. These options
vest equally over the next four (4) years.
/s/ Robert E. Klem February 8, 2002
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**Signature of Reporting Person Date
** 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.
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED
IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY
VALID OMB NUMBER.