X0202 4 2007-01-01 0 0000891293 CELL THERAPEUTICS INC ctic 0001198554 BIANCO JAMES A 501 ELLIOTT AVE W SUITE 400 SEATTLE WA 98119 1 1 0 0 President and CEO Common Stock 2007-01-01 4 D 0 200000 0 D 456486 D Common Stock 2007-01-02 4 G 0 6667 0 D 449819 D Common Stock 780 I By wife Common Stock 77 I By wife as cust. Incentive Stock Option (right to buy) 1.7 2007-01-18 4 A 0 240000 0 A 2017-01-18 Common Stock 240000 240000 D The reporting of this transaction is late due to an administrative oversight. Receipt of Restricted Stock award was previously reported on a Form 4. Contingencies for such Restricted Stock award were not met and therefore, the Restricted Stock award was forfeited. This option vests as follows: 25% shall become exercisable on 1/18/2008, and equal amounts of the remaining 75% shall become exercisable each month for the next three years thereafter. Louis A. Bianco, Attorney-in-fact for James A. Bianco 2007-03-26