Donald J. Spence - 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 $
$60,000
Form type
4
Date filed
1/3/2024, 04:41 PM
Previous filing
Sep 13, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VAPO Common Stock Award $60K +6K +89.61% $10.00 12.7K Jan 1, 2024 Direct F1, F2, F3
* 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 8,625 shares that will be issued over time upon the vesting and settlement of restricted stock unit awards.
F3 On August 18, 2023, a 1-for-8 reverse split of the common stock of Vapotherm, Inc. occurred resulting in a decrease in the number of shares held by the reporting person. In addition, proportionate adjustments have been made to the reporting person's outstanding equity awards, including the number of restricted stock units as reflected on this Form 4 and described in footnote (2) to this Form 4, to reflect the 1-for-8 reverse stock split.