AI assistant
DELCATH SYSTEMS, INC. — Director's Dealing 2024
Nov 1, 2024
33086_dirs_2024-11-01_155e0c58-b41e-4f98-8954-8fa4fefe0fc1.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DELCATH SYSTEMS, INC. (DCTH)
CIK: 0000872912
Period of Report: 2024-10-30
Reporting Person: Aharon Gil (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-10-30 | Tranche B warrants to purchase F-4 Preferred Stock | $1000 | M | 500 | Acquired | F-4 PREFERRED STOCK (500) | Indirect | |
| 2024-10-30 | 8% CONVERTIBLE NOTE | $0 | H | 0 | Acquired | CASH () | Indirect |
Footnotes
F1: Immediately exercisable
F2: The Tranche B Warrants expire the earlier of (i) twenty-one (21) days following the date of the Issuer's public announcement of record at least $10,000,000 in quarterly U.S. revenue from the commercialization of HEPZATO and (ii) March 31, 2026. The Issuer announced on October 17, 2024 that it had recorded at least $10,000,000 in quarterly U.S. revenue from the commercialization of HEPZATO and therefore such Tranche B Warrants expire on November 7, 2024.
F3: Reporting Persons disclaims beneficial ownership over the shares except to the extent of his or its respective pecuniary interest therein
F4: N/A
F5: Delcath repaid the DELCATH SYSTEM - 8% CONVERTIBLE NOTE in full with cash of $1,423,333.