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OMB Number....3235-0287
Expires:.December 31, 2001
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UNITED STATES SECURITIES 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 of
Section 30(f) of the Investment Company Act of 1940
FORM 4
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Drapkin Donald G.
McAndrews & Forbes Holdings, Inc.
35 East 62nd Street
New York, NY 10021
2. Issuer Name and Ticker or Trading Symbol
Genta Incorporated, GNTA
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
2/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership|
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
___________________________________________________________________________________________________________________________________|
Common Stock, par value $.001 2/24/00 X 5,000 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 2,500 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 7,500 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 9,000 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 5,800 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 2,600 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 100 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 4,200 A $.94375 357,875 D
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</TABLE>
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<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
___________________________________________________________________________________________________________________________________|
1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership|
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
___________________________________________________________________________________________________________________________________|
Common Stock, par value $.001 2/24/00 X 1,300 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 1,000 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 6,500 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 1,500 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 5,500 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 4,500 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 5,000 A $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 X 9,500 A $.94375 357,875 D
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Common Stock, par value $.001 2/25/00 X 9,800 A $.94375 357,875 D
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Common Stock, par value $.001 2/25/00 X 1,000 A $.94375 357,875 D
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Common Stock, par value $.001 2/25/00 X 800 A $.94375 357,875 D
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Common Stock, par value $.001 2/25/00 X 200 A $.94375 357,875 D
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Common Stock, par value $.001 2/25/00 X 17,000 A $.94375 357,875 D
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Common Stock, par value $.001 2/25/00 X 1,300 A $.94375 357,875 D
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Common Stock, par value $.001 2/25/00 X 500 A $.94375 357,875 D
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Common Stock, par value $.001 2/28/00 X 300 A $.94375 357,875 D
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Common Stock, par value $.001 2/28/00 X 100 A $.94375 357,875 D
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Common Stock, par value $.001 2/28/00 S 11,500 D $.94375 357,875 D
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Common Stock, par value $.001 2/24/00 S 5,000 D $11.00 357,875 D
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Common Stock, par value $.001 2/24/00 S 2,500 D $11.13 357,875 D
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Common Stock, par value $.001 2/24/00 S 7,500 D $10.81 357,875 D
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Common Stock, par value $.001 2/24/00 S 9,000 D $11.50 357,875 D
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Common Stock, par value $.001 2/24/00 S 5,800 D $11.62 357,875 D
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Common Stock, par value $.001 2/24/00 S 2,600 D $11.75 357,875 D
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Common Stock, par value $.001 2/24/00 S 100 D $11.69 357,875 D
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Common Stock, par value $.001 2/24/00 S 4,200 D $12.13 357,875 D
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Common Stock, par value $.001 2/24/00 S 1,300 D $12.19 357,875 D
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
___________________________________________________________________________________________________________________________________|
1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership|
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
___________________________________________________________________________________________________________________________________|
Common Stock, par value $.001 2/24/00 S 1,000 D $12.25 357,875 D
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Common Stock, par value $.001 2/24/00 S 6,500 D $12.00 357,875 D
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Common Stock, par value $.001 2/24/00 S 1,500 D $12.06 357,875 D
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Common Stock, par value $.001 2/24/00 S 5,500 D $13.00 357,875 D
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Common Stock, par value $.001 2/24/00 S 4,500 D $13.43 357,875 D
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Common Stock, par value $.001 2/24/00 S 5,000 D $13.37 357,875 D
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Common Stock, par value $.001 2/24/00 S 9,500 D $13.67 357,875 D
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Common Stock, par value $.001 2/25/00 S 9,800 D $11.00 357,875 D
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Common Stock, par value $.001 2/25/00 S 1,000 D $10.88 357,875 D
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Common Stock, par value $.001 2/25/00 S 800 D $10.75 357,875 D
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Common Stock, par value $.001 2/25/00 S 200 D $10.81 357,875 D
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Common Stock, par value $.001 2/25/00 S 17,000 D $11.13 357,875 D
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Common Stock, par value $.001 2/25/00 S 1,300 D $11.38 357,875 D
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Common Stock, par value $.001 2/25/00 S 500 D $11.56 357,875 D
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Common Stock, par value $.001 2/28/00 S 300 D $10.93 357,875 D
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Common Stock, par value $.001 2/28/00 S 100 D $11.06 357,875 D
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Common Stock, par value $.001 2/24/00 S 11,500 D $11.00 357,875 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
<PAGE>
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title Amount or| |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | Number of| |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | of shares| |Month |(I)| |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Options to acquire |$.94375 |02/24| X | | | D |07/14|07/14|Common |114,000| (1) |611,000(1) |D | |
Common Stock, par | |/00 | | | | |98(1)|/08 |Stock, par | | | | | |
value $.001 | | | | | | | | |value $0.001| | | | | |
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</TABLE>
(1) On July 14, 1998, Mr. Drapkin was granted, pursuant to the Genta
Incorporated's 1998 Non-Employee Director's Stock Incentive Plan, 675,000
options to acquire issuer Common Stock. These options are exercisable in 16
substantially equal installments commencing on the last day of each
calendar quarter commencing October, 1 1997.
** 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 theis Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential perons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a curently
valid OMB Number
/s/ Donald G. Drapkin March 10, 2000
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Donald G. Drapkin Date:
** Signature of Reporting Person
Page 2
SEC 1474 (7/96)
