Enzon Pharmaceuticals (ENZN) Form 4 ENZON PHARMACEUTICALS / JONATHAN COUCHMAN ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

COUCHMAN JONATHAN

(Last) (First) (Middle)

600 FIFTH AVENUE

2ND FLOOR

(Street)

NEW YORK NY 10020

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ENZON PHARMACEUTICALS, INC. [ ENZN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/24/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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, $0.01 par value(1)								4,717,666	I	By Jonathan Couchman(2)
Common Stock, $0.01 par value(1)								400,000	I	By Couchman Family Fund(3)
Common Stock, $0.01 par value(1)								2,100,524	I	By Xstelos Corp.(4)
Common Stock, $0.01 par value(1)								633,264	I	By Myrexis, Inc.(5)
Common Stock, $0.01 par value(1)	08/24/2020		S		52,100	D	$0.1834	1,615,194	I	By Harper Asset Management LLC(6)
Common Stock, $0.01 par value(1)	08/25/2020		S		25,000	D	$0.1913	1,590,194	I	By Harper Asset Management LLC(6)
Common Stock, $0.01 par value(1)								0	I	By Michael Pearce(7)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: 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

1. Name and Address of Reporting Person^*

COUCHMAN JONATHAN

(Last) (First) (Middle)

600 FIFTH AVENUE

2ND FLOOR

(Street)

NEW YORK NY 10020

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Couchman Family Fund

(Last) (First) (Middle)

600 FIFTH AVENUE

2ND FLOOR

(Street)

NEW YORK NY 10020

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Xstelos Corp.

(Last) (First) (Middle)

1105 NORTH MARKET STREET

SUITE 1300

(Street)

WILMINGTON DE 19801

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Myrexis, Inc.

(Last) (First) (Middle)

600 FIFTH AVENUE

2ND FLOOR

(Street)

NEW YORK NY 10020

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Harper Brian James

(Last) (First) (Middle)

2248 MARINER DR.

(Street)

LONGMONT CO 80503

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

HARPER ASSET MANAGEMENT LLC

(Last) (First) (Middle)

2248 MARINER DR.

(Street)

LONGMONT CO 80503

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Pearce Michael Cooper

(Last) (First) (Middle)

193 AUDUBON TRAIL

(Street)

CASHIERS NC 28717

(City) (State) (Zip)

Explanation of Responses:

1. This Form 4 is filed jointly by Jonathan Couchman ("Mr. Couchman"), Couchman Family Fund (the "Foundation"), Xstelos Corp. ("Xstelos") and Myrexis, Inc. ("Myrexis"), Brian Harper, Harper Asset Management, LLC ("HAM"), and Michael Pearce, (collectively, 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.

2. Represents shares owned directly by Mr. Couchman. As the sole trustee of the Foundation, Mr. Couchman may be deemed to beneficially own the Shares owned by the Foundation. As the Chief Executive Officer of Xstelos, Mr. Couchman may be deemed to beneficially own the shares of Common Stock owned by Xstelos. As the Chief Executive Officer of Myrexis, Mr. Couchman may be deemed to beneficially own Shares of Common Stock owned by Myrexis.

3. 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.

4. 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.

5. Represents Shares owned directly by Myrexis. Mr. Couchman is Chief Executive Officer of Myrexis. By virtue of this relationship, Mr. Couchman may be deemed to beneficially own the Shares owned directly by Myrexis. Mr. Couchman expressly disclaims beneficial ownership of such Shares except to the extent of his pecuniary interest therein.

6. Represents shares owned directly by HAM. Mr. Harper is the President of HAM. By virtue of this relationship, Mr. Harper may be deemed to beneficially own the Shares owned directly by HAM. Mr. Harper expressly disclaims beneficial ownership of such Shares except to the extent of his pecuniary interest therein.

7. Represents shares owned directly by Michael Pearce. Mr. Pearce expressly disclaims beneficial ownership of such Shares except to the extent of his pecuniary interest therein.

	/s/ Jonathan Couchman	08/26/2020
	Couchman Family Fund; By: /s/ Jonathan Couchman, Trustee	08/26/2020
	Xstelos Corp.; By: /s/ Jonathan Couchman, Chief Executive Officer	08/26/2020
	Myrexis, Inc.; By: /s/ Jonathan Couchman, Chief Executive Officer	08/26/2020
	/s/ Jonathan Couchman, attorney-in-fact for Brian Harper	08/26/2020
	Harper Asset Management, LLC; By: /s/ Brian Harper	08/26/2020
	/s/ Jonathan Couchman, attorney-in-fact for Michael Pearce	08/26/2020
	** Signature of Reporting Person	Date
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