Christine Padula - 01 Sep 2021 Form 4 Insider Report for DELCATH SYSTEMS, INC. (DCTH)

Role
Interim Principal Accounting Officer
Signature
/s/ Christine Padula
Issuer symbol
DCTH
Transactions as of
01 Sep 2021
Net transactions value
$0
Form type
4
Filing time
19 Oct 2021, 13:20:24 UTC
SEC
View on sec.gov

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 +30,000 $0.000000 30,000 01 Sep 2021 Common Stock 30,000 $9.85 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option immediately vested and was exercisable with respect to four-thirty-sixths (4/36ths) of the option shares and the remaining option shares will vest and become exercisable at the rate of one-thirty-sixth (1/36th) per month on the first day of each month for the next thirty-two months, starting on September 1, 2021, 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:

Interim Principal Accounting Officer