-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OjDMO7nyIg33QptrZpyCuR7Ca5Mdo3qWql3/2YRre9A7mpyJYhhvBrhtcUk0Ap/V GXXF65YfxbPsuPYNl7Tkgw== 0000919574-97-000660.txt : 19970805 0000919574-97-000660.hdr.sgml : 19970805 ACCESSION NUMBER: 0000919574-97-000660 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970804 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GENTA INCORPORATED /DE/ CENTRAL INDEX KEY: 0000880643 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 330326866 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-42004 FILM NUMBER: 97650911 BUSINESS ADDRESS: STREET 1: 3550 GENERAL ATOMICS COURT CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 6194552700 MAIL ADDRESS: STREET 1: 3550 GENERAL ATOMICS COURT CITY: SAN DIEGO STATE: CA ZIP: 92121 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SELZ BERNARD T CENTRAL INDEX KEY: 0001043327 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: C/O FURMAN SELZ LLC STREET 2: 230 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10169 MAIL ADDRESS: STREET 1: C/O FURMAN SELZ LLC STREET 2: 230 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10169 SC 13D 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Amendment No.: * Name of Issuer: Genta Incorporated Title of Class of Securities: Common Stock CUSIP Number: 3724TM10 (Name, Address and Telephone Number of Person Authorized To Receive Notices and Communications) Bernard T. Selz, c/o Furman Selz LLC. 230 Park Avenue, New York, NY 10169 (Date of Event which Requires Filing of this Statement) June 30, 1997 If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 3724TM10 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Bernard T. Selz 2. Check the Appropriate Box if a Member of a Group a. b. 3. SEC Use Only 4. Source of Funds PF 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power: 277,401 8. Shared Voting Power: 9. Sole Dispositive Power: 277,401 10. Shared Dispositive Power: 11. Aggregate Amount Beneficially Owned by Each Reporting Person 277,401 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares 2 13. Percent of Class Represented by Amount in Row (11) 6.0% 14. Type of Reporting Person IN Item 1. Security and Issuer This statement relates to units (the "Units") of Genta Incorporated (the "Issuer"). Each Unit consists of 1,000 shares of Premium Preferred Stock and Warrants to purchase 5,000 shares of Common Stock. Each share of Premium Preferred Stock is currently convertible into 105.9604 shares of Common Stock. The issuer's principal executive office is located at 3550 General Atomics Court, Building 9, 2nd Floor, San Diego, California 92121. Item 2. Identity and Background This statement is being filed on behalf of Bernard T. Selz, Vice Chairman of Furman Selz LLC, a Delaware limited liability company whose principal business is institutional brokerage and investment banking. The address of its principal office and principal business is 230 Park Avenue, New York, New York 10169. Mr. Selz has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). Mr. Selz has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. Mr. Selz is a citizen of the United States of America. Item 3. Source and Amount of Funds or Other Consideration. As of the date hereof, Mr. Selz is deemed to beneficially own 2.5 Units of the Issuer. In the last sixty days, 2.5 Units were purchased in a private placement transaction at an aggregate cost of $250,000. The funds for the purchase of the Units came from Mr. 3 Selz' personal funds. No leverage was used to purchase any Units. Item. 4 Purpose of Transactions. The Units beneficially owned by Mr. Selz were acquired for, and are being held for, investment purposes. Mr. Selz may acquire additional Units or dispose of or convert all or some of those Units from time to time, or may continue to hold those Units. Mr. Selz does not have any plan or proposal which relates to, or would result in, any of the actions enumerated in item 4 of the instructions to Schedule 13D. Item 5. Interest in Securities of Issuer. As of the date hereof, Mr. Selz is deemed to be the beneficial owner of 2.5 Units of the Issuer. Each Unit consists of 1,000 shares of Premium Preferred Stock and Warrants to purchase 5,000 shares of Common Stock. Assuming conversion of the Premium Preferred Stock, Mr. Selz is deemed to be the beneficial owner of 277,401 shares of Common Stock. Based on the most recent information provided by the Issuer's counsel, there are believed to be 4,358,852 shares of the Issuer's Common Stock outstanding. Therefore, Mr. Selz is deemed to beneficially own 6.0% of the Issuer's outstanding shares of Common Stock. Mr. Selz has the sole power to vote, direct the vote, dispose of or direct the disposition of all the shares of the Issuer's Common Stock which he is currently deemed to beneficially own. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Mr. Selz does not have any contract, arrangement, understanding or relationship with any person with respect to the Common Stock of the Issuer. Item 7. Material to be Filed as Exhibits. Attached hereto as Exhibit A is a description of the transactions in the Common Stock of the Issuer that were effected by Mr. Selz during the past 60 days. 4 Signature The undersigned, after reasonable inquiry and to the best of his knowledge and belief, certifies that the information set forth in this statement is true, complete and correct. August 4, 1997 By: /s/ Bernard T. Selz ------------------ Bernard T. Selz 5 SCHEDULE 13D 27400010.AF5 EXHIBIT A DAILY TRANSACTIONS COMMON STOCK Trade Date Number of Units Price Per Unit - ---------- --------------- -------------- June 30, 1997 2.5 $100,000 SCHEDULE 13D 27400010.AF5 -----END PRIVACY-ENHANCED MESSAGE-----