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SNT Senesco Technologies

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0.00 (0.00%)
Share Name Share Symbol Market Type
Senesco Technologies AMEX:SNT AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

- Statement of Changes in Beneficial Ownership (4)

19/11/2010 7:27pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
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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 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Van Hulst Jack
2. Issuer Name and Ticker or Trading Symbol

SENESCO TECHNOLOGIES INC [ SNT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

303 GEORGE STREET, SUITE 420
3. Date of Earliest Transaction (MM/DD/YYYY)

11/17/2010
(Street)

NEW BRUNSWICK, NJ 08901
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Option   $.26   11/17/2010     A      37177   (1)      11/17/2010   11/17/2020   Common Stock   37177   $0   415209   D    
Common Stock Option   $.26   11/17/2010     A      100000   (2)      11/17/2010   11/17/2020   Common Stock   100000   $0   515209   D    
Common Stock Option   $.26   11/17/2010     A      50000   (3)      11/17/2010   11/17/2020   Common Stock   50000   $0   565209   D    
Common Stock Option   $.26   11/17/2010     A      50000   (4)      11/17/2011   11/17/2020   Common Stock   50000   $0   615209   D    

Explanation of Responses:
( 1)  Such options were granted to Mr. Van Hulst in lieu of cash compensation under the Company's independent director compensation plan with such options vesting on the date of grant.
( 2)  One-half of such options vest on the date of grant and one-half of such options will vest on 11-17-2011.
( 3)  Such options were granted to Mr. Van Hulst as compensation for his services as President and CEO of the Company with such options vesting on the date of grant.
( 4)  Such options were granted to Mr. Van Hulst as compensation for his services as President and CEO of the Company. Twenty-five percent of scuh options will vest on the first anniversary of the date of grant with the balance vesting at a rate of 1/36 for each month thereafter.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Van Hulst Jack
303 GEORGE STREET
SUITE 420
NEW BRUNSWICK, NJ 08901
X



Signatures
Jack Van Hulst 11/19/2010
** 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 4(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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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