SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
HYDE JOSEPH R III

(Last) (First) (Middle)
3 N. DUNLAP STREET
3RD FLOOR

(Street)
MEMPHIS TN 38163

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/02/2004
3. Issuer Name and Ticker or Trading Symbol
GTX INC /DE/ [ GTXI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 850 D
Common Stock 188,700 I By trust
Common Stock 188,700 I By trust
Common Stock 188,700 I By trust
Common Stock 94,350 I By trust
Common Stock 94,350 I By trust
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Preferred Stock (1) (2) Common Stock 1,700,000(3) (4) D
Series B Preferred Stock (1) (2) Common Stock 2,358,750(5) (4) D
Series C Preferred Stock (1) (2) Common Stock 660,603(6) (4) D
Series C Preferred Stock (1) (2) Common Stock 76,500(6) (4) I By Pittco Associates, L.P.(7)
Series D Preferred Stock (1) (2) Common Stock 358,227(8) (9) D
Series D Preferred Stock (1) (2) Common Stock 128,989(8) (9) I By Memphis Biomed Ventures I, L.P.(7)
Series D Preferred Stock (1) (2) Common Stock 286,795(8) (9) I By GRAT
Series E Preferred Stock (1) (2) Common Stock 2,230,034(10) (4) D
Series E Preferred Stock (1) (2) Common Stock 140,054(10) (4) I By Memphis Biomed Ventures I, L.P.(7)
Series E Preferred Stock (1) (2) Common Stock 182,070(10) (4) I By Spouse
Explanation of Responses:
1. Is immediately exercisable.
2. Expiration is not applicable.
3. Does not include additional shares of common stock issuable upon conversion of dividends accrued on the Series A Preferred Stock.
4. Conversion is based on an 8.5 for 1 ratio.
5. Does not include additional shares of common stock issuable upon conversion of dividends accrued on the Series B Preferred Stock.
6. Does not include additional shares of common stock issuable upon conversion of dividends accrued on the Series C Preferred Stock.
7. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
8. Does not include additional shares of common stock issuable upon conversion of dividends accrued on the Series D Preferred Stock.
9. Conversion is based on 8.61 for 1 ratio.
10. Does not include additional shares of common stock issuable upon conversion of dividends accrued on the Series E Preferred Stock.
Remarks:
Attorney-In-Fact
/s/ Henry P. Doggrell, by Power of Attorney 01/30/2004
** 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 5 (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 Number.
 POWER OF ATTORNEY


Know all these presents, that J. R. Hyde, III
hereby constitutes and appoints each of Henry P. Doggrell, Karen M. Ray,
Robert J. DelPriore and Helen G. Woodyard, signing singly, the
undersigned's true and lawful attorney-in-fact to:

(1)	execute for and
on behalf of the undersigned, in the undersigned's capacity as an officer
and/or director of GTx, Inc. (the "Company"), Forms 3, 4, and 5 in
accordance with Section 16(a) of the Securities and Exchange Act of 1934
and the rules thereunder;

(2)	do and perform any and all acts for and
on behalf of the undersigned which may be necessary or desirable to
complete and execute any such Form 3, 4, or 5, complete and execute any
amendment or amendments thereto, and timely file such form with the United
States Securities and Exchange Commission and any stock exchange or similar
authority; and

(3)	take any other action of any type whatsoever in
connection with the foregoing which, in the opinion of such
attorney-in-fact, may be the benefit to, in the best interest of, or
legally required by, the undersigned, it being understood that the
documents executed by such attorney-in-fact on behalf of the undersigned
pursuant to this Power of Attorney shall be in such form and shall contain
such terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.

The undersigned hereby grants to each
such attorney-in-fact full power and authority to do and perform any and
every act and thing whatsoever requisite, necessary, or proper to be done
in the exercise of any of the rights and powers herein granted, as fully to
all intents and purposes as the undersigned might or could do if personally
present, with full power of substitution or revocation, hereby ratifying
and confirming all that such attorney-in-fact, or such attorney-in-fact's
substitute or substitutes, shall lawfully do or cause to be done by virtue
of this power of attorney and the rights and powers herein granted.  The
undersigned acknowledges that the foregoing attorneys-in-fact, in serving
in such capacity at the request of the undersigned, are not assuming, nor
is the Company assuming, any of the undersigned's responsibilities to
comply with Section 16 of the Securities Exchange Act of 1934.

This
Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to
the undersigned's holdings of and transactions in securities issued by the
Company, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the
undersigned has caused this Power of Attorney to be executed as of this
25th day of November, 2003.




						/s/ J. R. Hyde, III

						J. R. Hyde, III