Anthony L. Arnerich - Jan 1, 2024 Form 4 Insider Report for VAPOTHERM INC (VAPO)

Role
Director
Signature
/s/ James Lightman, as Attorney In Fact
Stock symbol
VAPO
Transactions as of
Jan 1, 2024
Transactions value $
$52,500
Form type
4
Date filed
1/3/2024, 04:08 PM
Previous filing
Oct 4, 2023
Next filing
Sep 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VAPO Common Stock Award $52.5K +5.25K +21.42% $10.00 29.8K Jan 1, 2024 Direct F1, F2
holding VAPO Common Stock 47.9K Jan 1, 2024 By Anthony L. Arnerich Trust
holding VAPO Common Stock 6.11K Jan 1, 2024 By Christine A. Arnerich Trust
holding VAPO Common Stock 149K Jan 1, 2024 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 Restricted stock unit award granted under the Vapotherm, Inc. Amended and Restated 2018 Equity Incentive Plan in lieu of director cash retainers for 2024. The restricted stock unit award will vest in four nearly equal installments on each of March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024.
F2 Includes 18,375 shares held by the Reporting Person's IRA and 7,875 shares that will be issued over time upon the vesting and settlement of restricted stock unit awards.
F3 Consists of (i) 985 shares held by Arnerich 3x5 Special Opportunity Managers, L.P., of which 3x5 Partners, LLC is the general manager, (ii) 98,844 shares directly held by Vapotherm Investors, LLC, and (iii) 49,372 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.