4//SEC Filing
Keck Barbra 4
Accession 0000899243-19-020492
CIK 0000872912other
Filed
Jul 25, 8:00 PM ET
Accepted
Jul 26, 9:28 PM ET
Size
9.3 KB
Accession
0000899243-19-020492
Insider Transaction Report
Form 4
Keck Barbra
Controller
Transactions
- Purchase
Series E Convertible Preferred Stock
2019-07-15$1000.00/sh+68$68,000→ 68 totalExercise: $0.06→ Common Stock (1,113,333 underlying) - Purchase
Common Stock Warrant (Right to Buy)
2019-07-15+1,113,333→ 1,113,333 totalExercise: $0.06→ Common Stock (1,113,333 underlying)
Footnotes (4)
- [F1]Each share of the Series E Convertible Preferred Stock, par value of $0.01 per share, has a stated value of $1,000 (the "Stated Value") and is convertible at any time at the option of the holder into the number of shares of Delcath common stock determined by dividing the Stated Value by the conversion price of $0.06, subject to certain limitations and adjustments contemplated within the Certificate of Designation.
- [F2]The purchase was made in a private (PIPE) transaction with the issuer in which the issuer sold Series E Convertible Preferred Stock and warrants. The transactions contemplated by the PIPE transaction were reported on a current report on Form 8-K filed with the SEC by the issuer on each of July 11, 2019 and July 22, 2019.
- [F3]The warrant was included together with the purchase of Series E Convertible Preferred Stock purchased by the reporting person for $1,000 per share. The purchase of shares of Series E Convertible Preferred Stock was accompanied by a right to purchase 16,666.67 shares of common stock for an aggregate of 1,113,333 shares of common stock. The exercise price of each share under the warrant is $0.06, subject to adjustment in accordance with the terms of the warrant and is exercisable at any time from the date that the issuer effects a reverse stock split through 5:00 p.m. (NYC time) on the fifth anniversary of the date of the reverse stock split.
- [F4]The Series E Convertible Preferred Stock has no expiration date.
Documents
Issuer
DELCATH SYSTEMS, INC.
CIK 0000872912
Entity typeother
Related Parties
1- filerCIK 0001464238
Filing Metadata
- Form type
- 4
- Filed
- Jul 25, 8:00 PM ET
- Accepted
- Jul 26, 9:28 PM ET
- Size
- 9.3 KB