Anthony L. Arnerich - Dec 31, 2021 Form 4 Insider Report for VAPOTHERM INC (VAPO)

Role
Director
Signature
/s/ Adrain Bryant, attorney-in-fact
Stock symbol
VAPO
Transactions as of
Dec 31, 2021
Transactions value $
$52,500
Form type
4
Date filed
1/4/2022, 08:16 PM
Previous filing
Dec 17, 2021
Next filing
May 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VAPO Common Stock Award $52.5K +2.54K +12.65% $20.71 22.6K Dec 31, 2021 Direct F1, F2
holding VAPO Common Stock 1.19M Dec 31, 2021 By 3x5 Partners, LLC F3, F4
holding VAPO Common Stock 38.4K Dec 31, 2021 By Anthony L. Arnerich Trust
holding VAPO Common Stock 33.9K Dec 31, 2021 By Christine A. Arnerich Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock award in lieu of cash retainers for fiscal year 2021 under the Vapotherm, Inc. 2018 Equity Incentive Plan pursuant to the terms of the Vapotherm, Inc. Non-Employee Director Compensation Policy.
F2 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.
F3 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, and (iii) 394,982 shares directly held by 3x5 Special Opportunity Fund, L.P.
F4 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.