X0306 4 2019-03-08 0 0001253176 VAPOTHERM INC VAPO 0001752890 Walrod Nicholas T. C/O VAPOTHERM INVESTORS, LLC 2540 NE MARTIN LUTHER KING JR. BLVD. PORTLAND OR 97212 0 0 1 0 Common Stock 2019-03-08 4 J 0 37316 16.08 D 2214031 I By Vapotherm Investors, LLC Common Stock 1049958 I By 3x5 Special Opportunity Fund, L.P. Shares transferred by Vapotherm Investors, LLC to one of its individual members, representing her percentage ownership of Vapotherm Investors, LLC. 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 Partners, 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. /s/ Anthony Ten Haagen, as Attorney-In-Fact 2020-03-26