-------------------------------
OMB APPROVAL
-------------------------------
OMB Number: 3235-0287
Expires: September 30, 1998
Estimated average burden
hours per response ........ 0.5
-------------------------------
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
[_] See Instruction 1(b).
(Print or Type Responses)
________________________________________________________________________________
1. Name and Address of Reporting Person*
LeBuhn Robert
- --------------------------------------------------------------------------------
(Last) (First) (Middle)
c/o Enzon, Inc., 20 Kingsbridge Road
- --------------------------------------------------------------------------------
(Street)
Piscataway, New Jersey 08854
- --------------------------------------------------------------------------------
(City) (State) (Zip)
________________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
Enzon, Inc. (ENZN)
________________________________________________________________________________
3. I.R.S Identification Number of Reporting Person, if an entity (Voluntary)
________________________________________________________________________________
4. Statement for Month/Year
November 2000
________________________________________________________________________________
5. If Amendment, Date of Original (Mo/Yr)
________________________________________________________________________________
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
________________________________________________________________________________
7. Individual or Joint/Group Filing
(Check all applicable)
[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
================================================================================
5. 6.
4. Amount of Owner-
Securities Acquired (A) or Securities ship
3. Disposed of (D) Beneficially Form: 7.
Transaction (Instr. 3, 4 and 5) Owned at End Direct Nature of
2. Code ----------------------------- of Month (D) or Indirect
1. Transaction (Instr. 8) (A) Indirect Beneficial
Title of Security Date --------- Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 11/9/00 M 20,000 A $2.75 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 11/9/00 S 20,000 D $77.5625 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 9/30/00 A V 50 A See footnote 1 21,611(2) D
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
1) Securities granted by Enzon, Inc. pursuant to the Independent Directors
Stock Plan as compensation for service as a member of the Board of
Directors of Enzon, Inc. and qualified under Rule 16b-3(c).
2) The aggregate number of shares beneficially held by Mr. LeBuhn as of July
31, 2000 was previously incorrectly reported as 21,549. The aggregate
number of shares beneficially held by Mr. LeBuhn as of July 31, 2000 was
21,561.
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).
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 (7-97)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
================================================================================
10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of (D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Year (I) ship
Security Secur- Day/ ------- ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock See See Common
(right to buy)(1) $2.75 11/9/00 M 20,000 footnote footnote Stock 20,000 6,664(3) D
2 2
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
Explanation of Responses:
1) Acquired pursuant to the Company's Non-Qualified Stock Option Plan and
qualified under Rule 16b-3.
2) 6,664 of the 20,000 options exercised by Mr. LeBuhn became exercisable on
December 15, 1994 and would have expired on August 15, 2004. 13,336 of the
20,000 options exercised by Mr. LeBuhn became exercisable on December 15,
1995 and would have expired on August 15, 2004.
3) All of the 6,664 options beneficially held by Mr. LeBuhn as of November 30,
2000 are part of the class of options which became exercisable on December
15, 1995 and expire on August 15, 2004.
/s/ Robert LeBuhn December 5, 2000
- --------------------------------------------- -----------------------
**Signature of Reporting Person Date
Robert LeBuhn
** 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.
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 number.
Page 2
SEC 1474 (7-97)
