Knowles Lori Lynn 4
4 · VAPOTHERM INC · Filed Sep 24, 2024
Insider Transaction Report
Form 4
VAPOTHERM INCVAPO
Knowles Lori Lynn
Director
Transactions
- Disposition to Issuer
Common Stock
2024-09-20$2.18/sh−2,375$5,178→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2024-09-20−1,089→ 0 totalExercise: $18.48Exp: 2032-07-27→ Common Stock (1,089 underlying) - Disposition to Issuer
Common Stock
2024-09-20$2.18/sh−7,862$17,139→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger, dated as of June 17, 2024, among Veronica Holdings, LLC, Veronica Intermediate Holdings, LLC, Veronica Merger Sub, Inc. and Vapotherm, Inc. (Company), in exchange for a cash payment of $2.18 per share.
- [F2]The restricted stock unit awards, which these shares were subject to, were canceled in the merger in exchange for a cash payment of $2.18 per underlying share.
- [F3]This option, which provided for vesting in full on the earlier of the first anniversary of the date of grant or the date of the Company's 2023 annual meeting of stockholders, was canceled in the merger in exchange for a cash payment equal to: (a) the number of shares of Company common stock underlying the option, multiplied by (b) the excess, if any, of $2.18 over the per share exercise price of such option, which cash payment was $0.00 since this option had an exercise price that exceeded $2.18.