ARIES SELECT I LLC 4
4 · GENTA INC DE/ · Filed Oct 21, 2003
Insider Transaction Report
Form 4
GENTA INC DE/GNTA
ROSENWALD LINDSAY A MD
10% Owner
Transactions
- Purchase
Common Stock
2003-10-20$10.07/sh+5,000$50,350→ 17,956,106 total(indirect: By Paramount Capital Asset Management, Inc.)
Footnotes (2)
- [F1]Dr. Rosenwald is chairman and sole stockholder of Paramount Capital Asset Management, Inc. ("PCAM"). PCAM is the managing member of of Aries Select I, LLC ("AS1") and Aries Select II, LLC ("AS2"), each a Delaware LLC, the general partner of the Aries Domestic Fund, L.P. ("ADF1") and Aries Domestic Fund II, L.P. ("ADF2"), each a Delaware limited partnership, and the investment manager of Aries Select, Ltd. ("Aries Select") and the Aries Master Fund II ("AMF2"), each a Cayman Island exempted company (such entities referred to above, the "Aries Funds"). Dr. Rosenwald and PCAM may be deemed to beneficially own the securities of the Issuer owned by the Aries Funds under Rule 16a-1(a)(1) of the Securities Exchange Act of 1934. Each of Dr. Rosenwald and PCAM disclaim beneficial ownership of the securities held by the Aries Funds under Rule 16a-1(a)(2), except to the extent of its pecuniary interest therein, i f any.
- [F2]Following the purchases described in Table 1, Dr. Rosenwald may be deemed to beneficially own 23,116,623 Shares as follows: 5,898,577 Shares owned by Aries Select, including 1,169,278 Shares issuable upon conversion of 158,081 shares of Series A Convertible Preferred Stock; 2,829,843 Shares owned by AS1, including 568,163 Shares issuable upon conversion of 76,813 shares of Series A Convertible Preferred Stock; 631,191 Shares owned by AS2, including 117,645 Shares issuable upon conversion of 15,905 shares of Series A Convertible Preferred Stock; 5,797,807 Shares owned by AMF2; 4,047,582 Shares owned by ADF1; 586,102 Shares owned by ADF2; 20,000 shares of Common Stock owned and warrants to purchase 3,305,522 Shares owned directly by Dr. Rosenwald.