Anthony L. Arnerich - Jul 26, 2023 Form 4 Insider Report for VAPOTHERM INC (VAPO)

Role
Director
Signature
/s/ Adrain Bryant, as Attorney In Fact
Stock symbol
VAPO
Transactions as of
Jul 26, 2023
Transactions value $
$0
Form type
4
Date filed
7/28/2023, 04:25 PM
Previous filing
Jan 4, 2023
Next filing
Oct 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VAPO Common Stock Award $0 +21K +63.49% $0.00 54.1K Jul 26, 2023 Direct F1, F2
holding VAPO Common Stock 223K Jul 26, 2023 By Anthony L. Arnerich Trust
holding VAPO Common Stock 48.9K Jul 26, 2023 By Christine A. Arnerich Trust
holding VAPO Common Stock 1.19M Jul 26, 2023 By 3x5 Partners, LLC F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This restricted stock unit was granted under the 2018 Equity Plan and will vest in full on the earlier of the first anniversary of the date of grant or the Issuer's 2024 annual meeting of stockholders, subject to the Reporting Person's continued service as a director of the Issuer through the vesting date.
F2 Includes 5,000 shares held by the Reporting Person's IRA and 26,250 shares that will be issued over time upon the vesting and settlement of restricted stock unit awards.
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.