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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Belldegrun Arie
2. Issuer Name and Ticker or Trading Symbol

Arno Therapeutics, Inc [ ARNI ]
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)

C/O ARNO THERAPEUTICS, INC., 200 ROUTE 31 NORTH, SUITE 104
3. Date of Earliest Transaction (MM/DD/YYYY)

1/12/2016
(Street)

FLEMINGTON, NJ 08822
(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
Common Stock                  3115   D  
 
Common Stock   1/12/2016     P    1448062   (1) A $.35   1548543   I   Arie S. Belldegrun, M.D. Inc. Profit Sharing Plan   (2)
Common Stock   1/12/2016     P    714285   A $.35   858094   I   Leumi Overseas Trust Corp. Ltd. as TTEE of the BTL Trust   (3)
Common Stock                  254887   I   Leumi Overseas Trust Corp. Ltd. as TTEE of the Tampere Trust   (4)
Common Stock                  379294   I   Belldegrun Family Trust   (5)
Common Stock                  174644   I   MDRB Partnership, L.P.   (6)

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
2012 Series A Warrants (right to buy)   $1.36   (7)                  11/26/2012   11/26/2017   Common Stock   245096   (7)   245096   (7) I   Arie S. Belldegrun, M.D. Inc. Profit Sharing Plan   (2)
2013 Series D Warrants (right to buy)   $2.14   (7)                  10/29/2013   10/29/2018   Common Stock   194702   (7)   194702   (7) I   Leumi Overseas Trust Corp. Ltd. as TTEE of the BTL Trust   (3)
2012 Series A Warrants (right to buy)   $1.36   (7)                  11/26/2012   11/26/2017   Common Stock   367646   (7)   367646   (7) I   Leumi Overseas Trust Corp. Ltd. as TTEE of the Tampere Trust   (4)
2013 Series D Warrants (right to buy)   $2.14   (7)                  10/29/2013   10/29/2018   Common Stock   194702   (7)   194702   (7) I   Leumi Overseas Trust Corp. Ltd. as TTEE of the Tampere Trust   (4)
2012 Series A Warrants (right to buy)   $1.36   (7)                  11/26/2012   11/26/2017   Common Stock   428920   (7)   428920   (7) I   Belldegrun Family Trust   (5)
2013 Series D Warrants (right to buy)   $2.14   (7)                  10/29/2013   10/29/2018   Common Stock   350467   (7)   350467   (7) I   Belldegrun Family Trust   (5)
2012 Series A Warrants (right to buy)   $1.36   (7)                  11/26/2012   11/26/2017   Common Stock   183822   (7)   183822   (7) I   MDRB Partnership, L.P.   (6)
2013 Series D Warrants (right to buy)   $2.14   (7)                  10/29/2013   10/29/2018   Common Stock   155762   (7)   155762   (7) I   MDRB Partnership, L.P.   (6)
Stock Option (right to buy)   $19.36                      (8) 3/31/2018   Common Stock   24922     24922   D  
 
Stock Option (right to buy)   $8.00                      (8) 9/29/2019   Common Stock   1250     1250   D  
 
Stock Option (right to buy)   $8.00                      (8) 9/9/2020   Common Stock   37500     37500   D  
 
Stock Option (right to buy)   $8.00                      (8) 11/5/2020   Common Stock   1250     1250   D  
 
Stock Option (right to buy)   $2.40                      (9) 11/4/2023   Common Stock   3559296     3559296   D  
 
Stock Option (right to buy)   $2.90                      (10) 1/24/2024   Common Stock   68448     68448   D  
 

Explanation of Responses:
( 1)  On January 12, 2016, the Arie Belldegrun M.D., Inc. Profit Sharing Plan was issued 1,448,062 shares upon the automatic conversion of $506.821.92 of principal and accrued interest under a 6% unsecured convertible promissory note previously issued to the Arie Belldegrun M.D., Inc. Profit Sharing Plan by the Issuer on October 21, 2015.
( 2)  The Reporting Person is the trustee of the profit sharing plan that owns the securities.
( 3)  Although the Reporting Person is not a trustee of the BTL Trust, the Reporting Person is a beneficiary of the BTL Trust, and as such may be deemed to be the beneficial owner of the securities owned by the BTL Trust. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
( 4)  Although the Reporting Person is not a trustee of the Tampere Trust, the Reporting Person is a beneficiary of the Tampere Trust, and as such may be deemed to be the beneficial owner of the securities owned by the Tampere Trust. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
( 5)  The Reporting Person is the trustee of the family trust that owns the securities. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
( 6)  The Reporting Person is the managing partner of the limited partnership that owns the securities. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
( 7)  As a result of the Issuer's 1/12/16 private placement of common stock at $0.35/share, the exercise price and number of shares subject to the 2012 Series A Warrants and 2013 Series D Warrants were automatically adjusted to the exercise price and shares reflected, pursuant to anti-dilution adjustment provisions.
( 8)  Currently exercisable.
( 9)  Vests in equal 36-monthly installments commencing 12/4/13.
( 10)  Vests in equal 12-monthly installments commencing 2/24/14.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Belldegrun Arie
C/O ARNO THERAPEUTICS, INC.
200 ROUTE 31 NORTH, SUITE 104
FLEMINGTON, NJ 08822
X



Signatures
/s/ Christopher J. Melsha as Attorney-in-Fact for Arie S. Belldegrun pursuant to a Power of Attorney previously filed. 1/14/2016
** 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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