John Purpura - Feb 8, 2022 Form 4 Insider Report for DELCATH SYSTEMS, INC. (DCTH)

Role: Chief Operating Officer
Signature: /s/ John Purpura
Stock symbol: DCTH
Transactions as of: Feb 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/16/2022, 04:16 PM
Previous filing: Aug 9, 2021
Next filing: Apr 11, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DCTH	Employee Stock Option (right to buy)	Award	$0	+46.2K		$0.00	46.2K	Feb 8, 2022	Common Stock	46.2K	$7.14	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option shares will vest and become exercisable in equal monthly installments over the 36-month period beginning on the grant date (1/36th will vest on the first day of each month during said 36-month period, with the first vesting date being March 1, 2022, for so long as the reporting person remains an employee of Delcath Systems, Inc. (and subject to the terms and conditions of the Delcath Systems, Inc. 2020 Omnibus Equity Incentive Plan).

Content

The option shares will vest and become exercisable in equal monthly installments over the 36-month period beginning on the grant date (1/36th will vest on the first day of each month during said 36-month period, with the first vesting date being March 1, 2022, for so long as the reporting person remains an employee of Delcath Systems, Inc. (and subject to the terms and conditions of the Delcath Systems, Inc. 2020 Omnibus Equity Incentive Plan).