SEC Form 4 · accession 0000919574-18-002732

FENNEC PHARMACEUTICALS INC. · FENC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

MANCHESTER MANAGEMENT CO LLC

10% Owner

Manchester Explorer, L.P.

10% Owner

James E Besser

10% Owner

Morgan C. Frank

10% Owner

Period of report

Aug 29, 2014

Accepted (ET)

Mar 29, 2018 · 4:45 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001211583

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Aug 29, 2014	P	1,666	$2.46	A	1,809,844	I	See Footnote
Common Stock^F3	Aug 29, 2014	P	1,666	$2.46	A	1,285,127	D
Common Stock^F1,F2	Oct 15, 2014	P	500	$2.68	A	1,811,510	I	See Footnote
Common Stock^F3	Oct 15, 2014	P	500	$2.68	A	1,285,627	D
Common Stock^F1,F2	Oct 15, 2014	P	300	$2.69	A	1,811,810	I	See Footnote
Common Stock^F3	Oct 15, 2014	P	300	$2.69	A	1,285,927	D
Common Stock^F1,F2	Nov 7, 2014	P	3,967	$2.56	A	1,815,777	I	See Footnote
Common Stock^F3	Nov 7, 2014	P	3,967	$2.56	A	1,289,894	D
Common Stock^F1,F2	Nov 10, 2014	P	600	$2.72	A	1,816,377	I	See Footnote
Common Stock^F3	Nov 10, 2014	P	600	$2.72	A	1,290,494	D
Common Stock^F1,F2	Dec 3, 2014	P	10,000	$2.50	A	1,826,377	I	See Footnote
Common Stock^F3	Dec 3, 2014	P	10,000	$2.50	A	1,300,494	D
Common Stock^F1,F2	Dec 4, 2014	P	300	$2.76	A	1,826,677	I	See Footnote
Common Stock^F3	Dec 4, 2014	P	300	$2.76	A	1,300,794	D
Common Stock^F1,F2	Dec 8, 2014	P	6,000	$2.68	A	1,832,677	I	See Footnote
Common Stock^F3	Dec 8, 2014	P	6,000	$2.68	A	1,306,794	D
Common Stock^F1,F2	Dec 10, 2014	P	2,000	$2.50	A	1,834,677	I	See Footnote
Common Stock^F3	Dec 10, 2014	P	2,000	$2.50	A	1,308,794	D
Common Stock^F1,F2	Dec 16, 2014	P	7,000	$2.40	A	1,841,677	I	See Footnote
Common Stock^F3	Dec 16, 2014	P	7,000	$2.40	A	1,315,794	D
Common Stock^F1,F2	Dec 18, 2014	P	5,500	$2.34	A	1,847,177	I	See Footnote
Common Stock^F3	Dec 18, 2014	P	5,500	$2.34	A	1,321,294	D
Common Stock^F1,F2	Dec 19, 2014	P	500	$2.53	A	1,847,677	I	See Footnote
Common Stock^F3	Dec 19, 2014	P	500	$2.53	A	1,321,794	D
Common Stock^F1,F2	Dec 22, 2014	P	2,500	$2.23	A	1,850,177	I	See Footnote
Common Stock^F3	Dec 22, 2014	P	2,500	$2.23	A	1,324,294	D
Common Stock^F1,F2	Dec 23, 2014	P	500	$2.23	A	1,850,677	I	See Footnote
Common Stock^F3	Dec 23, 2014	P	500	$2.23	A	1,324,794	D
Common Stock^F4	holding	—	—		—	192,666	D
Common Stock^F5	holding	—	—		—	166,666	D

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1Manchester Management Company, LLC, a Delaware limited liability company, provides investment management services to private individuals and institutions, including Manchester Explorer, L.P. The reported securities are indirectly beneficially owned by Manchester Management Company, LLC as a result of it having investment discretion over certain advisory accounts it manages. The reported securities may also be deemed to be indirectly beneficially owned by James E. Besser, as a Managing Member of Manchester Management Company, LLC, and by Morgan C. Frank, who serves as a portfolio manager and a consultant of Manchester Management Company, LLC.
F2(Footnote 1 continued) Each of the Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3The reported securities are directly owned by Manchester Explorer, L.P., a Delaware limited partnership.
F4The reported securities are directly owned by James E. Besser in his personal capacity.
F5The reported securities are directly owned by Morgan C. Frank in his personal capacity.

Remarks

(+) This is the first part of a Form 4 filing for the reporting persons. There are four parts to this Form 4 filing because of the constraint of a 30 transaction line maximum for tables in a Form 4.