Delcath Systems Inc (DCTH)

[Bond]

http://phx.corporate-ir.net/phoenix.zhtml?c=123840&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEyNTA4NTYwJkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3


one of the form 4 for Purpura John EVP.

pay attention to

3. Transaction Code (Instr. 8)

P

as per form 4 codes

https://en.wikipedia.org/wiki/Form_4

P – Open market or private purchase of securities


one more proof Purpura John had only 1 stock before he bought 5000 from open market.
If it was rights offering stocks he could only buy 500 stocks.

But the transaction says 5000 bought open market making his total holding to 5001 stocks as per section 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)