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

Role
Chief Executive Officer and Interim Principal Accounting Officer, Director
Signature
/s/ Gerard Michel
Stock symbol
DCTH
Transactions as of
Feb 8, 2022
Transactions value $
$0
Form type
4
Date filed
2/16/2022, 05:51 PM
Previous filing
Dec 6, 2021
Next filing
Apr 8, 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 +116K $0.00 116K Feb 8, 2022 Common Stock 116K $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).

Remarks:

Chief Executive Officer and Interim Principal Accounting Officer