Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
In order to better align CEO compensation with the interests of stockholders,
the Compensation Committee of the Board of Directors of
The form of award agreement for the PSU award provides, among other things, that
(i) each PSU that vests represents the right to receive one share of the
Company's common stock, subject to adjustment as provided in the Equity Plan;
(ii) the PSUs will vest based on, and subject to, achievement by the Company of
certain revenue targets for the year ending
The foregoing description of the form of PSU award agreement does not purport to be complete and is qualified in its entirety by reference to form of PSU award agreement itself, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. Exhibit Number Description 10.1 Form of Performance Stock Unit Agreement for Executive Officers pursuant to theVapotherm, Inc. Amended and Restated 2018 Equity Incentive Plan (filed herewith) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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