UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Entremed, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
29382F103
(CUSIP Number)
May 4, 1998
(Date of Event Which Requires Filing of this Statement)
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Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
Page 1 of 5 Pages
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CUSIP No. 29382F103 Schedule 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON:
Bart Chernow
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|_|
(b)|_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5 SOLE VOTING POWER
510,000
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NUMBER 6 SHARED VOTING POWER
OF SHARES
BENEFICIALLY 0
OWNED BY ----- ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
----- ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
510,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.08%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 29382F103 Schedule 13G Page 3 of 5 Pages
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Item 1.
(a) Name of Issuer: Entremed, Inc.
(b) Address of Issuer's Principal Executive Offices:
9610 Medical Center Drive, Suite 200, Rockville, Maryland 20850
Item 2.
(a) Name of Person Filing: Bart Chernow
(b) Address of Principal Business Office or, if none, Residence:
1515 Applecroft Lane, Hunt Valley, MD 21030
(c) Citizenship: U.S.A.
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 29382F103
Item 3. If this statement is filed pursuant toss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) |_| Broker or dealer registered under section 15 of the Act
(b) |_| Bank as defined in section 3(a)(6) of the Act
(c) |_| Insurance company as defined in section 3(a)(19) of the Act
(d) |_| Investment company registered under section 8 of the
Investment Company Act of 1940
(e) |_| An investment adviser in accordance with
ss.240.13d-1(b)(1(ii)(E)
(f) |_| An employee benefit plan or endowment fund in accordance
with ss.240.13d-1(b)(1)(ii)(F)
(g) |_| A parent holding company or control person in accordance
with ss.240.13d-1(b)(1)(ii)(G)
(h) |_| A savings association as defined in section 3(b) of the
Federal Deposit Insurance Act
(i) |_| A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940
(j) |_| Group, in accordance with ss.240.13d-1(b)-1(ii)(J)
If this statement is filed pursuant to ss.240.13d-1(c),
check this box. |X|
Item 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned: 510,000
(b) Percent of Class: 4.08%
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CUSIP No. 29382F103 Schedule 13G Page 4 of 5 Pages
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 510,000
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 510,000
(iv) Shared power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following |X|.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
N/A
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
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CUSIP No. 29382F103 Schedule 13G Page 4 of 5 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 7, 1998
By: /s/ Bart Chernow
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Name: Bart Chernow
