Elizabeth Czerepak - May 4, 2022 Form 4 Insider Report for DELCATH SYSTEMS, INC. (DCTH)

Role: Director
Signature: /s/ Gerard Michel
Stock symbol: DCTH
Transactions as of: May 4, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/6/2022, 01:45 PM
Previous filing: Nov 18, 2021
Next filing: May 20, 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	Stock Options	Award	$0	+9K		$0.00	9K	May 4, 2022	Common Stock	9K	$6.24	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The option will vest and become exercisable at the rate of one-twelfth (1/12th) per month on the first day of each month, with the first such vesting to occur on June 1, 2022 and monthly thereafter for so long as the reporting person remains a director of Delcath Systems, Inc. The option is subject to the terms and conditions of the Delcath Systems, Inc. 2020 Omnibus Equity Incentive Plan, as amended.

Content

The option will vest and become exercisable at the rate of one-twelfth (1/12th) per month on the first day of each month, with the first such vesting to occur on June 1, 2022 and monthly thereafter for so long as the reporting person remains a director of Delcath Systems, Inc. The option is subject to the terms and conditions of the Delcath Systems, Inc. 2020 Omnibus Equity Incentive Plan, as amended.