ENZON INC
5, 1998-08-14
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
Previous: ENZON INC, 5, 1998-08-14
Next: ENZON INC, 5, 1998-08-14



                                                  ------------------------------
                                                           OMB APPROVAL
                                                  ------------------------------
                                                  OMB Number           3235-0362
                                                  Expires:    September 30, 1998
                                                  Estimated average burden
                                                  hours per response ....... 1.0
                                                  ------------------------------


                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 5

               ANNUAL 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).

[_]  Form 3 Holdings Reported

[_]  Form 4 Transactions Reported

________________________________________________________________________________
1.   Name and Address of Reporting Person*

Dixon                              Rosina                    B.
- --------------------------------------------------------------------------------
   (Last)                            (First)              (Middle)

20 Kingsbridge Road
- --------------------------------------------------------------------------------
                                    (Street)

Piscataway                         New Jersey               08854
- --------------------------------------------------------------------------------
   (City)                            (State)                (Zip)
________________________________________________________________________________
2.   Issuer Name and Ticker or Trading Symbol

     Enzon, Inc. (ENZN)

________________________________________________________________________________
3.   IRS Identification Number of Reporting Person, if an Entity (Voluntary)



________________________________________________________________________________
4.   Statement for Month/Year

     6/98

________________________________________________________________________________
5.   If Amendment, Date of Original (Month/Year)



________________________________________________________________________________
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 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
================================================================================
<TABLE>
<CAPTION>
                                                                                                 5.             6.
                                                                 4.                              Amount of      Owner-
                                                                 Securities Acquired (A) or      Securities     ship      
                                                                 Disposed of (D)                 Beneficially   Form:     7.        
                                                                 (Instr. 3, 4 and 5)             Owned at End   Direct    Nature of 
                                      2.            3.           -----------------------------   of Issuer's    (D) or    Indirect  
1.                                    Transaction   Transaction                  (A)             Fiscal Year    Indirect  Beneficial
Title of Security                     Date          Code             Amount      or     Price    (Instr. 3      (I)       Ownership 
(Instr. 3)                            (mm/dd/yy)    (Instr. 8)                   (D)             and 4)         (Instr.4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                   <C>            <C>             <C>         <C>    <C>       <C>           <C>       <C>
                                                                                        See foot-
Common Stock                          6/30/98        A               550         A      note 1                  D
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                        See foot-
Common Stock                          3/31/98        A               510         A      note 1                  D
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                        See foot-
Common Stock                          12/31/97       A               728         A      note 1                  D
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                        See foot-
Common Stock                          9/30/97        A               616         A      note 1    25,016        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.

====================================================================================================================================
</TABLE>
*    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 2270 (7-97)

<PAGE>


FORM 5 (continued)

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
         (e.g., puts, calls, warrants, options, convertible securities)

================================================================================
<TABLE>
<CAPTION>
                                                                                                          9.        10.    
                                                                                                          Number    Owner- 
                                                                                                          of        ship   
                    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-                      Securities    Date              Securities        Price    Bene-     ity:     In-    
                    cise     3.                Acquired (A)  Exercisable and   (Instr. 3 and 4)  of       ficially  Direct   direct 
                    Price    Trans-   4.       or Disposed   Expiration Date   ----------------  Deriv-   Owned     (D) or   Bene-  
1.                  of       action   Trans-   of (D)        (Month/Day/Year)            Amount  ative    at End    In-      ficial 
Title of            Deriv-   Date     action   (Instr. 3,    ----------------            or      Secur-   of        direct   Owner- 
Derivative          ative    (Month/  Code     4 and 5)      Date     Expira-            Number  ity      Year      (I)      ship   
Security            Secur-   Day/     (Instr.  ------------  Exer-    tion               of      (Instr.  (Instr.   (Instr.  (Instr.
(Instr. 3)          ity      Year)    8)       (A)    (D)    cisable  Date     Title     Shares  5)       4)        4)       4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                 <C>      <C>      <C>      <C>    <C>    <C>      <C>      <C>       <C>     <C>      <C>       <C>      <C>
Stock Option                                                                   Common
(right to buy)(a)   $6.4375  3/27/98  A        10,000        (b)      3/27/08  Stock     10,000           10,000    D
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================
</TABLE>
Explanation of Responses:

(a)  Options  granted  under the Company's  Non-qualified  stock option plan and
     qualified under Rule 16b-3.

(b)  Options  vest in two tranches of 5,000 shares each on March 27, 1999 and on
     March 27, 2000.


           /s/  Kevin T. Collins                                 8/14/98
- ---------------------------------------------            -----------------------
      **Signature of Reporting Person                             Date

**   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 provided 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 2270 (7-97)

<PAGE>


                                POWER OF ATTORNEY

     Know all by those present,  that the  undersigned  hereby  constitutes  and
appoints Kevin T. Collins,  the undersigned's  true and lawful  attorney-in fact
to:

     (1)  execute  for and on behalf of the  undersigned,  in the  undersigned's
          capacity as an officer and/or director of Enzon, Inc. (the "Company"),
          a Form 5 for the  fiscal  year  ended  June 30,  1998  (the  "Form 5")
          thereunder;

     (2)  do and perform  any and all acts for and on behalf of the  undersigned
          which may be necessary or desirable to complete and execute the Form 5
          and timely  file such Form 5 with the  United  States  Securities  and
          Exchange Commission and any stock exchange or similar authority; and

     (3)  take any other action of any type  whatsoever in  connection  with the
          foregoing  which, in the opinion of such  attorney-in-fact,  may be of
          benefit  to, in the best  interest  of, or  legally  required  by, the
          undersigned,  it being understood that the documents  executed by such
          attorney-in-fact  on behalf of the undersigned  pursuant to this Power
          of  Attorney  shall be in such form and shall  contain  such terms and
          conditions   as   such    attorney-in-fact   may   approve   in   such
          attorney-in-fact's discretion.

     The  undersigned  hereby  grants to such  attorney-in-fact  full  power and
authority  to do and perform any and every act and thing  whatsoever  requisite,
necessary,  or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally  present,  with full power of substitution or revocation,
hereby  ratifying  and  confirming  all  that  such  attorney-in-fact,  or  such
attorney-in-fact's  substitute or substitutes,  shall lawfully do or cause to be
done by virtue of this  power of  attorney  and the  rights  and  powers  herein
granted. The undersigned  acknowledges that the foregoing  attorney-in-fact,  in
serving in such capacity at the request of the undersigned, is not assuming, nor
is the Company  assuming,  any of the undersigned's  responsibilities  to comply
with Section 16 of the Securities Exchange Act of 1934.

     This Power of  Attorney  shall  remain in full  force and effect  until the
undersigned has filed the Form 5, unless earlier revoked by the undersigned in a
signed writing delivered to the foregoing attorney-in fact.

     IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 6th day of August, 1998.


                                        /s/  Rosina B. Dixon
                                   --------------------------------
                                                Signature


                                        /s/  Rosina B. Dixon
                                   --------------------------------
                                               Print Name



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission