- ------ OMB APPROVAL
FORM 4 -------------------------
- ------ OMB Number:.....3235-0287
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer Filed pursuant to Section 16(a)
subject to Section 16. Form 4 of the Securities Exchange Act
or Form 5 obligations may of 1934, Section 17(a) of the
continue. See Instruction 1(b). Public Utility Holding Company
Act of 1935 or Section 30(f) of
the Investment Company Act 1940
(Print of Type Responses)
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|1.Name and Address of Reporting Person* |2.Issuer Name and Ticker or Trading Symbol |6. Relationship of Reporting Person (s) |
| | | to Issuer (Check all Applicable) |
| Rector David | SENESCO TECHNOLOGIES, INC.("SNT") | |
| | American Stock Exchange | |
|----------------------------------------|---------------------------------------------| X Director 10% Owner |
| (Last) (First) (Middle) |3.IRS Identification |4.Statement for Month/| --- --- |
| | Number of Reporting | Day/Year | Officer (give Other |
| c/o Senesco Technologies, Inc. | Person, if an entity| | --- title below) --- (Specify below) |
| 303 George Street, Suite 420 | (voluntary) | 01/07/03 | |
| | | | |
|----------------------------------------| |----------------------|------------------------------------------|
| (Street) | |5.If Amendment, |7. Individual or Joint/Group Filing |
| | | Date of Original | (Check Applicable Line) |
| | | (Month/Day/Year) | X Form filed by One Reporting Person |
| New Brunswick NJ 08901 | | | --- |
|----------------------------------------| | | Form filed by More than One |
| (City) (State) (Zip) | | | --- Reporting Person |
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TABLE I - Non-Derivative Securities Acquired, Disposed of or Beneficially Owned
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|1.Title of Security |2.Trans- |2A.Deemed |3.Transac-|4.Security Acquired |5.Amount of |6.Owner- |7.Nature of |
| (Instr. 3) | action Date| Execut- | tion Code| (A) or Disposed | Securities |ship | Indirect |
| | (Month/ | ion Date, |(Instr. 8)| of (D) | Beneficially |Form: | Beneficial |
| | Day/ | if any | | | (Instr. 3, 4 & 5) | Owned Follow- |Direct(D)| Ownership |
| | Year) | (Month/ | | | |(A)| | ing Reported |or Indir.| (Instr. 4) |
| | | Day/ |Code | V | Amount |or | Price | Transaction(s)|(I) | |
| | | Year) | | | |(D)| | (Instr. 3 & 4)|(Instr.4)| |
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Reminder: Report of 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)
Potential persons who are to 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.
(over)
SEC 1474(9-02)
FORM 4 (continued)
TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible security)
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|1.Title |2.Conver- |3.Tran- |3A. Deemed |4.Tran- |5. Number of |6. Date |7.Title and Amount |8.Price of|
| of Deriv- | sion or | saction| Execution| saction | Derivative | Exercisable | or Underlying |Derivative|
| ative | Exercise | Date | Date, if | Code | Securities | and | Securities |Security |
| Security | Price of | (Month/| any |(Instr.8)| Acquired (A) or | Expiration | (Instr. 3 & 4) |(Instr. 5)|
| (Instr.3) | Deriva- | Day/ | (Month/ | | Disposed of (D) | Date | | |
| | tive | Year) | Day/ | | (Instr. 3, 4 | (Month/Day/ | | |
| | Security | | Year) | | and 5) | Year) | | |
| | | | |---------|-------------------|----------|--------|-------------------| |
| | | | | | | | | Date | | |Amount or | |
| | | | |Code| V | (A) | (D) | Exercis- | Expir. | Title |Number of | |
| | | | | | | | | able | Date | |Shares | |
|-----------|----------|--------|-------------|----|----|---------|---------|----------|--------|--------|----------|----------|
|Common | $2.35 |01/07/03| N/A | A | | 15,000 | |01/07/03 |01/06/13| Common | 15,000 | |
|Stock | | | | | | | | | | Stock | | |
|Option(1) | | | | | | | | | | | | |
|-----------|----------|--------|-------------|----|----|---------|---------|----------|--------|--------|----------|----------|
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|------------------------------------------------------------------------------------------------------------------------------|
- ---------------------------------------------------|
|9.Number of |10. Ownership |11. Nature of |
| Derivative | Form of | Indirect |
| Securities | Derivative | Beneficial|
| Beneficially | Securities | Ownership |
| Owned | Beneficially | (Instr. 4)|
| Following | Owned at | |
| Reported | End of | |
| Transactions(s)| Month | |
| (Instr. 4) | (Instr. 4) | |
|-----------------|-----------------|--------------|
| 15,000 | D | |
| | | |
|-----------------|-----------------|--------------|
| | | |
| | | |
| | | |
|--------------------------------------------------|
Explanation of Responses:
(1) Such options were granted to Mr. Rector pursuant to the Company's 1998
Stock Incentive Plan, as amended, with one-half of such options vesting on
January 7, 2003 and one-half of such options vesting on January 7, 2004.
/s/ David Rector 1/09/03
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**Signature of Reporting Person Date
** 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.
Page 2
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