FENNEC PHARMACEUTICALS INC. — Director's Dealing 2018

Mar 29, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FENNEC PHARMACEUTICALS INC. (FENC)
CIK: 0001211583
Period of Report: 2014-08-29

Reporting Person: MANCHESTER MANAGEMENT CO LLC (10% Owner)
Reporting Person: Manchester Explorer, L.P. (10% Owner)
Reporting Person: BESSER JAMES E (10% Owner)
Reporting Person: FRANK MORGAN C. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-27	Common Stock	P	1000	$2.36	Acquired	1946577	Indirect
2015-05-27	Common Stock	P	1000	$2.36	Acquired	1420694	Direct
2015-05-29	Common Stock	P	3180	$2.30	Acquired	1949757	Indirect
2015-05-29	Common Stock	P	3180	$2.30	Acquired	1423874	Direct
2015-10-30	Common Stock	P	4000	$1.53	Acquired	1953757	Indirect
2015-10-30	Common Stock	P	4000	$1.53	Acquired	1427874	Direct
2015-11-30	Common Stock	P	900	$1.24	Acquired	1954657	Indirect
2015-11-30	Common Stock	P	900	$1.24	Acquired	1428774	Direct
2015-12-11	Common Stock	P	3000	$1.29	Acquired	1957657	Indirect
2015-12-11	Common Stock	P	3000	$1.29	Acquired	1431774	Direct
2015-12-14	Common Stock	P	5000	$1.47	Acquired	1962657	Indirect
2015-12-14	Common Stock	P	5000	$1.47	Acquired	1436774	Direct
2015-12-15	Common Stock	P	5000	$1.41	Acquired	1967657	Indirect
2015-12-15	Common Stock	P	5000	$1.41	Acquired	1441774	Direct
2015-12-17	Common Stock	P	2000	$1.43	Acquired	1969657	Indirect
2015-12-17	Common Stock	P	2000	$1.43	Acquired	1443774	Direct
2015-12-18	Common Stock	P	1000	$1.52	Acquired	1970657	Indirect
2015-12-18	Common Stock	P	1000	$1.52	Acquired	1444774	Direct
2015-12-21	Common Stock	P	3000	$1.53	Acquired	1973657	Indirect
2015-12-21	Common Stock	P	3000	$1.53	Acquired	1447774	Direct
2015-12-22	Common Stock	P	3000	$1.63	Acquired	1976657	Indirect
2015-12-22	Common Stock	P	3000	$1.63	Acquired	1450774	Direct
2015-12-23	Common Stock	P	200	$1.66	Acquired	1976857	Indirect
2015-12-23	Common Stock	P	200	$1.66	Acquired	1450974	Direct
2015-12-28	Common Stock	P	1100	$1.85	Acquired	1977957	Indirect
2015-12-28	Common Stock	P	1100	$1.85	Acquired	1452074	Direct
2015-12-28	Common Stock	P	10000	$1.76	Acquired	1987957	Indirect
2015-12-28	Common Stock	P	10000	$1.76	Acquired	1462074	Direct
2015-12-29	Common Stock	P	9100	$1.76	Acquired	1997057	Indirect
2015-12-29	Common Stock	P	9100	$1.76	Acquired	1471174	Direct

Footnotes

F1: Manchester 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: 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.

F3: The reported securities are directly owned by Manchester Explorer, L.P., a Delaware limited partnership.