Anthony L. Arnerich - 08 Sep 2021 Form 4/A - Amendment Insider Report for VAPOTHERM INC (VAPO)

Role: Director
Signature: /s/Adrain Bryant, as Attorney In Fact
Issuer symbol: VAPO
Transactions as of: 08 Sep 2021
Transactions value $: $0
Form type: 4/A - Amendment
Filing time: 10 Dec 2021, 15:30:02 UTC
Date Of Original Report: 10 Sep 2021
Previous filing: 23 Jul 2021
Next filing: 17 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VAPO	Common Stock	Other	$0	-210K	-10.71%	$0.00	1.75M	08 Sep 2021	By 3x5 Partners, LLC	F1, F2
transaction	VAPO	Common Stock	Other	$0	-560K	-31.98%	$0.00	1.19M	08 Sep 2021	By 3x5 Partners, LLC	F2, F3
transaction	VAPO	Common Stock	Other	$0	+2.64K	+0.22%	$0.00	1.19M	08 Sep 2021	By 3x5 Partners, LLC	F1, F2
transaction	VAPO	Common Stock	Other	$0	+111K	+9.31%	$0.00	1.3M	08 Sep 2021	By 3x5 Partners, LLC	F2, F3, F4, F5
transaction	VAPO	Common Stock	Other	$0	+1.49K	+50%	$0.00	4.48K	08 Sep 2021	By Anthony L. Arnerich Trust	F3
holding	VAPO	Common Stock						20K	08 Sep 2021	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Distribution of shares by 3x5 Special Opportunity Fund, L.P. pro rata without consideration to its general partners and limited partners.
F2	The Reporting Person is a managing member of 3x5 Partners, LLC. 3x5 Partners, LLC is the managing member of Vapotherm Investors, LLC and a member of 3x5 Special Opportunity Partners, LLC, which is the general partner of 3x5 Special Opportunity Fund, L.P., and by virtue of these relationships 3x5 Partners, LLC may be deemed to indirectly beneficially own the shares directly held by Vapotherm Investors, LLC and 3x5 Special Opportunity Fund, L.P. As a managing member of 3x5 Partners, LLC the Reporting Person shares voting and dispositive power over such securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, of such securities except to the extent of his pecuniary interest therein.
F3	Distribution of shares by Vapotherm Investors, LLC pro rata without consideration to its members.
F4	The original Form 4 filed on September 10, 2021 has been amended and restated by this Form 4 amendment to correct an error in the number of shares distributed by Vapotherm Investors, LLC pro rata without consideration to its managing member, 3x5 Partners, LLC.
F5	Consists of (i) 7,885 shares held by Arnerich 3x5 Special Opportunity Managers, L.P., of which 3x5 Partners, LLC is the general manager, (ii) 790,754 shares directly held by Vapotherm Investors, LLC, (iii) 394,982 shares directly held by 3x5 Special Opportunity Fund, L.P., and (iv) 111,176 shares directly held by 3x5 Partners, LLC.
F6	Includes 5,000 shares held by the Reporting Person's IRA and 5,392 shares that will be issued over time subject to restricted stock units granted under the Vapotherm, Inc. 2018 Equity Incentive Plan.