Sandra Pennell - Jun 12, 2023 Form 4 Insider Report for DELCATH SYSTEMS, INC. (DCTH)

Role: Senior Vice President of Finance, Principal Financial Officer and Principal Accounting Officer
Signature: /s/ David Hoffman, Attorney-in-Fact
Stock symbol: DCTH
Transactions as of: Jun 12, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/21/2023, 09:22 PM
Previous filing: Jun 9, 2023
Next filing: Nov 21, 2023

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 Option (Right to Buy)	Award	$0	+100K		$0.00	100K	Jun 12, 2023	Common Stock	100K	$7.25	Direct	F1

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

Explanation of Responses:

Id	Content
F1	One-third (1/3rd) of the shares subject to the option shall vest on June 1, 2024, with the remaining shares vesting in equal monthly installments over the following two years thereafter, for so long as the reporting person remains an employee of Delcath Systems, Inc. The option is also subject to acceleration under certain circumstances.

Remarks:

Senior Vice President of Finance, Principal Financial Officer and Principal Accounting Officer