DELCATH SYSTEMS, INC. — Director's Dealing 2012

Mar 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELCATH SYSTEMS INC (DCTH)
CIK: 0000872912
Period of Report: 2012-03-23

Reporting Person: Simpson Jennifer K. (Exec. VP, Global Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-23	Common Stock	A	7500	—	Acquired	7750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-23	stock option (right to buy)	$3.17	A	60000	Acquired	2022-03-23	Common Stock (60000)	Direct

Footnotes

F1: These shares of common stock are subject to restrictions that will lapse ratably on March 23, 2013, 2014 and 2015, subject to forfeiture in the event of certain circumstances and acceleration upon certain events.

F2: The option vests ratably on March 23, 2013, 2014 and 2015, subject to forfeiture in the event of certain circumstances and acceleration upon certain events.