3x5 Partners, LLC 4/A
4/A · VAPOTHERM INC · Filed Mar 26, 2020
Insider Transaction Report
Form 4/AAmended
VAPOTHERM INCVAPO
3x5 Partners, LLC
10% Owner
Transactions
- Conversion
Common Stock
2018-11-16+2,042,595→ 2,042,595 total(indirect: By LLC) - Conversion
Common Stock
2018-11-16+208,752→ 2,251,347 total(indirect: By LLC) - Conversion
Common Stock
2018-11-16+1,049,958→ 1,049,958 total(indirect: By 3x5 Special Opportunity Fund, L.P.) - Conversion
Series A Convertible Preferred Stock
2018-11-16−227,600→ 0 total(indirect: By LLC)→ Common Stock (227,600 underlying) - Conversion
Series A Convertible Preferred Stock
2018-11-16−500,000→ 0 total(indirect: By 3x5 Special Opportunity Fund, L.P.)→ Common Stock (500,000 underlying) - Conversion
Series B Convertible Preferred Stock
2018-11-16−285,714→ 0 total(indirect: By 3x5 Special Opportunity Fund, L.P.)→ Common Stock (285,714 underlying) - Conversion
Series B Convertible Preferred Stock
2018-11-16−75,700→ 0 total(indirect: By LLC)→ Common Stock (75,700 underlying) - Other
Warrant to purchase Series A Convertible Preferred Stock
2018-11-16−42,857→ 42,857 total(indirect: By LLC)Exercise: $14.48From: 2018-11-16Exp: 2022-09-07→ Common Stock (42,857 underlying) - Conversion
Series D Convertible Preferred Stock
2018-11-16−890,056→ 0 total(indirect: By LLC)→ Common Stock (890,056 underlying) - Conversion
Series D-1 Convertible Preferred Stock
2018-11-16−208,752→ 0 total(indirect: By LLC)→ Common Stock (208,752 underlying) - Conversion
Series C Convertible Preferred Stock
2018-11-16−849,239→ 0 total(indirect: By LLC)→ Common Stock (849,239 underlying) - Conversion
Series C Convertible Preferred Stock
2018-11-16−264,244→ 0 total(indirect: By 3x5 Special Opportunity Fund, L.P.)→ Common Stock (264,244 underlying)
Footnotes (5)
- [F1]Upon closing of the Issuer's initial public offering, each share of Series A Convertible Preferred Stock, Series B Convertible Preferred Stock, Series C Convertible Preferred Stock and Series D Convertible Preferred Stock automatically converted into one share of Common Stock without payment or further consideration. There was no expiration date for the Series A Convertible Preferred Stock, the Series B Convertible Preferred Stock, the Series C Convertible Preferred Stock or the Series D Convertible Preferred Stock.
- [F2]Upon closing of the Issuer's initial public offering, each share of Series D-1 Convertible Preferred Stock automatically converted into 1.137 shares of Common Stock without payment or further consideration. There was no expiration date for the Series D-1 Convertible Preferred Stock.
- [F3]The Reporting Person is the managing member of Vapotherm Investors, LLC, the direct beneficial owner of these 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 its pecuniary interest therein.
- [F4]The Reporting Person is a member of 3x5 Special Opportunity Partners, LLC. 3x5 Special Opportunity Partners, LLC is the general partner of 3x5 Special Opportunity Fund, L.P., the direct beneficial owner of these 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 its pecuniary interest therein.
- [F5]Immediately prior to the closing of the Issuer's initial public offering, each outstanding Warrant to Purchase Series A Convertible Preferred Stock automatically converted into a Warrant to Purchase Common Stock.