SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

KWON KIHONG

(Last)

(First)

(Middle)

1015 E. CHAPMAN AVE

SUITE 201

(Street)

FULLERTON

92831

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/15/2014

3. Issuer Name and Ticker or Trading Symbol
GENSPERA INC [ GNSZ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	33,334	D
Common Stock	1,478,789	I	Trustee, Kwon Family Trust
Common Stock	768,932	I	UBS Custodian Kihong Kwon IRA
Common Stock	175,512	I	Kihong Kwon Wonmi Kwon JTWROS
Common Stock	20,136	I	As co-trustee, The Kevin Kwon Alaska Asset Preservation Trust, DTD 9/24/02

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock Purchase Warrant⁽¹⁾	05/18/2010	05/18/2015	Common Stock	50,000	$3.5	I	Trustee, Kwon Family Trust
Common Stock Purchase Warrant⁽²⁾	01/21/2011	01/21/2016	Common Stock	472,222	$3.3	I	UBS Custodian Kihong Kwon IRA
Common Stock Purchase Warrant⁽²⁾	01/21/2011	01/21/2016	Common Stock	83,334	$3.3	I	Trustee, Kwon Family Trust
Common Stock Purchase Warrant⁽²⁾	01/21/2011	01/21/2016	Common Stock	56,111	$3.3	I	Kevin Kwon, Kihong Kwon, investment ttees of The Kevin kwon Alaska Asset Preservation Trust
Common Stock Purchase Warrant⁽³⁾	04/29/2011	04/29/2016	Common Stock	606,061	$3.15	I	Trustee, Kwon Family Trust
Common Stock Purchase Warrant⁽⁴⁾	12/26/2012	12/26/2017	Common Stock	14,665	$3	I	Kevin Kwon, Kihong Kwon, investment ttees of The Kevin kwon Alaska Asset Preservation Trust
Common Stock Purchase Warrant⁽⁴⁾	01/02/2013	01/02/2018	Common Stock	14,665	$3	I	Kevin Kwon, Kihong Kwon, investment ttees of The Kevin kwon Alaska Asset Preservation Trust

Explanation of Responses:

1. Represents common stock purchase warrant issued pursuant to the Issuer's May 2010 offering.

2. Represents common stock purchase warrant issued pursuant to the Issuer's January / February 2011 offering.

3. Represents common stock purchase warrant issued pursuant to the Issuer's April 2011 offering.

4. Represents common stock purchase warrant issued pursuant to Issuer's December 2012 / March 2013 offering.

	/s/ Kihong Kwon	12/15/2014
	** 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 5 (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.
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