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Filing Details

Accession Number:: 0000921895-19-000048
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-01-09 20:53:52
Reporting Period:: 2018-04-13

Accepted Time:: 2019-01-09 20:53:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
727510	Enzon Pharmaceuticals Inc.	ENZN	Biological Products, (No Disgnostic Substances) (2836)	222372868

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1265094	Jonathan Couchman	630 Fifth Avenue Suite 2260 New York NY 10020	No	No	Yes	Yes
1571659	Xstelos Corp.	630 Fifth Avenue Suite 2260 New York NY 10020	No	No	Yes	Yes
1737322	Fund Family Couchman	630 Fifth Avenue, Suite 2260 New York NY 10020	No	No	Yes	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value	Acquisiton	2018-08-15	20,600	$0.26	4,596,666	No	4	P	Direct
Common Stock, $0.01 Par Value	Acquisiton	2018-08-16	8,800	$0.26	4,605,466	No	4	P	Direct
Common Stock, $0.01 Par Value	Acquisiton	2018-08-20	67,200	$0.26	4,672,666	No	4	P	Direct
Common Stock, $0.01 Par Value	Acquisiton	2018-11-12	100,000	$0.21	814,500	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-11-15	100,000	$0.21	914,500	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-11-16	2,500	$0.21	917,000	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-11-19	15,000	$0.22	932,000	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-11-21	40,050	$0.22	972,050	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-12-03	42,450	$0.22	1,014,500	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-12-04	450	$0.22	1,014,950	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-12-06	1,100	$0.22	1,016,050	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-12-07	2,500	$0.22	1,018,550	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-12-19	15,261	$0.23	1,033,811	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-12-20	213,189	$0.24	1,247,000	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2018-12-21	312,523	$0.27	1,559,523	No	4	P	Indirect	By Xstelos Corp.
Common Stock, $0.01 Par Value	Acquisiton	2019-01-03	4,500	$0.26	4,677,166	No	4	P	Direct
Common Stock, $0.01 Par Value	Acquisiton	2019-01-04	2,500	$0.26	4,679,666	No	4	P	Direct
Common Stock, $0.01 Par Value	Acquisiton	2019-01-07	2,000	$0.26	4,681,666	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Indirect	By Xstelos Corp.
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value	400,000	Indirect	By Couchman Family Fund

Footnotes

This Form 4 is filed jointly by Jonathan Couchman ("Mr. Couchman"), Couchman Family Fund (the "Foundation") and Xstelos Corp. ("Xstelos" and, together with Mr. Couchman and the Foundation, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each of the Reporting Persons expressly disclaims beneficial ownership of the Shares reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such Shares for purposes of Section 16 or for any other purpose.
Due to the Securities and Exchange Commission's electronic filing system limitation of thirty line items on Table I, this Form 4 filing is part two of two.
Represents Shares owned directly by Xstelos. Mr. Couchman is the controlling shareholder and Chief Executive Officer of Xstelos. By virtue of these relationships, Mr. Couchman may be deemed to beneficially own the Shares owned directly by Xstelos. Mr. Couchman expressly disclaims beneficial ownership of such Shares except to the extent of his pecuniary interest therein.
Represents Shares owned directly by the Foundation. Mr. Couchman is the sole trustee of the Foundation. By virtue of this relationship, Mr. Couchman may be deemed to beneficially own the Shares owned directly by the Foundation, however he has no pecuniary interest in such Shares.
The price reported is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $0.2577 to $0.2600. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote 5.
The price reported is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $0.2175 to $0.2200. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote 6.
The price reported is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $0.2250 to $0.2500. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote 7.
The price reported is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $0.2500 to $0.2700. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote 8.