Dorota McKay - 10 Feb 2023 Form 4 Insider Report for VAPOTHERM INC

Role: VP, Controller and CAO
Signature: /s/Adrain Bryant, as Attorney In Fact
Issuer symbol: N/A
Transactions as of: 10 Feb 2023
Net transactions value: +$19,999
Form type: 4
Filing time: 14 Feb 2023, 16:17:30 UTC
Previous filing: 04 Jan 2023
Next filing: 04 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VAPO	Common Stock	Purchase	$19,999	+19,047	+60%	$1.05	50,982	10 Feb 2023	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VAPO	Warrant	Purchase		+19,047			19,047	10 Feb 2023	Common Stock	19,047	$1.17	Direct	F1

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

Explanation of Responses:

Id	Content
F1	$1.05 per unit, each unit consisted of one share of common stock and a warrant to purchase one share of common stock.
F2	Includes 22,957 shares that will be issued over time upon vesting and settlement of restricted stock unit awards.