ENZON PHARMACEUTICALS INC 4

4 · ENZON PHARMACEUTICALS INC · Filed Jul 3, 2007

Form 4

Period: 2007-07-01

Director

Transactions

Exercise/Conversion
Restricted Stock Units
2007-07-03−1,105→ 2,211 total
Exercise: $0.00From: 2007-07-03Exp: 2007-07-03→ Common Stock (1,105 underlying)
Exercise/Conversion
Restricted Stock Units
2007-07-01−1,255→ 1,255 total
Exercise: $0.00From: 2007-07-01Exp: 2007-07-01→ Common Stock (1,255 underlying)
Exercise/Conversion
Common Stock
2007-07-01+1,255→ 8,107 total
Exercise/Conversion
Common Stock
2007-07-03+1,105→ 9,212 total
Award
Restricted Stock Units
2007-07-02+9,518→ 9,518 total
Exercise: $0.00→ Common Stock (9,518 underlying)

Footnotes (3)

[F1]Each restricted stock unit was the economic equivalent of one share of the issuer's common stock. The reporting person settled the vested restricted stock units for shares of the issuer's common stock.
[F2]Annual restricted stock units granted by the issuer pursuant to the issuer's 2001 Incentive Stock Plan and qualified under Rule 16b-3(d).
[F3]Of the 9,518 units granted, 3,172 units will vest on July 2, 2008, 3,173 units will vest on July 2, 2009 and the remaining 3,173 units will vest on July 2, 2010 if the reporting person remains on the issuer's Board of directors on each such date.

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