Gerard J. Michel - 08 Feb 2022 Form 4 Insider Report for DELCATH SYSTEMS, INC. (DCTH)

Role
Chief Executive Officer and Interim Principal Accounting Officer, Director
Signature
/s/ Gerard Michel
Issuer symbol
DCTH
Transactions as of
08 Feb 2022
Net transactions value
$0
Form type
4
Filing time
16 Feb 2022, 17:51:34 UTC
Previous filing
06 Dec 2021
Next filing
08 Apr 2022
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 +116,137 $0.000000 116,137 08 Feb 2022 Common Stock 116,137 $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