Filing Details

Accession Number:
0001239944-11-000081
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-12-23 17:50:37
Reporting Period:
2011-12-22
Filing Date:
2011-12-23
Accepted Time:
2011-12-23 17:50:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
872912 Delcath Systems Inc DCTH Surgical & Medical Instruments & Apparatus (3841) 061245881
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1266152 Robert Ladd C/o Delcath Systems, Inc.
810 Seventh Avenue, Suite 3505
New York NY 10019
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2011-12-22 10,000 $2.44 641,294 No 4 S Indirect By Laddcap Value Partners L.P.
Common Stock Disposition 2011-12-23 10,000 $2.47 631,294 No 4 S Indirect By Laddcap Value Partners L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Laddcap Value Partners L.P.
No 4 S Indirect By Laddcap Value Partners L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 36,854 Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Laddcap Value Partners L.P. on November 11, 2011.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.38 to $2.55, inclusive. The reporting person undertakes to provide Delcath Systems, Inc., any security holder of Delcath Systems, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest in the securities, if any, and this statement shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose. The reporting person serves as the managing member of Laddcap Value Advisors LLC, which is the investment advisor of Laddcap Value Partners L.P. ("Laddcap"). The reporting person is also the managing member of Laddcap Value Associates LLC which is the general partner of Laddcap.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.45 to $2.4701, inclusive. The reporting person undertakes to provide Delcath Systems, Inc., any security holder of Delcath Systems, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.