Companies Vapotherm Inc
Vapotherm (VAPO): executive pay, fiscal 2023
Free brief. Every figure links to the company’s own filing.
Vapotherm Inc no longer files a proxy statement; its last pay data is FY2023.
Vapotherm Inc's highest-paid named officer for fiscal year 2023, President and Chief Joseph Army, was paid $776,645 · source
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Joseph Army | $508,532 | $0 | $0 | $0 | $264,722 | $0 | $3,000 | $776,645 |
| President and Chief | ||||||||
| Brian Lawrence | 444,751 | 0 | 71,400 | 121,411 | 104,072 | 0 | 3,000 | 744,634 |
| Senior Vice President and Chief Technology Officer | ||||||||
| Gregoire Ramade | 315,493 | 0 | 0 | 121,411 | 94,917 | 0 | 191,393 | 723,214 |
| Former Senior Vice President and Chief Commercial Officer (7)(8) | ||||||||
| John Landry | 434,420 | 0 | 47,600 | 121,411 | 112,949 | 0 | 4,680 | 721,060 |
| Senior Vice President and Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2023 total | FY2022 total | FY2021 total | Δ FY2022→2023 |
|---|---|---|---|---|
| Joseph Army | $776,645 | $3,874,994 | $3,442,120 | ↓ −3,098,349 |
| Brian Lawrence | 744,634 | 1,439,761 | — | ↓ −695,127 |
| Gregoire Ramade | 723,214 | 1,304,137 | 1,431,557 | ↓ −580,923 |
| John Landry | 721,060 | 1,350,867 | 1,339,634 | ↓ −629,807 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Vapotherm's executive compensation program is designed to attract and retain key executive talent by aligning the interests of executives with stockholders through a mix of fixed base salary, variable short-term incentives based on financial goals, and long-term equity incentives that encourage significant ownership of common stock and focus on long-term company performance.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2023
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| John Landry | OPTION | — | — | — | 6,625 | — | — |
| John Landry | OPTION | 2023-01-02 | — | — | 6,834 | — | — |
| John Landry | RSU | — | — | — | 20,000 | — | — |
| Brian Lawrence | OPTION | — | — | — | 6,625 | — | — |
| Brian Lawrence | OPTION | 2023-01-02 | — | — | 6,834 | — | — |
| Brian Lawrence | RSU | — | — | — | 30,000 | — | — |
| Gregoire Ramade | OPTION | — | — | — | 6,625 | — | — |
| Gregoire Ramade | OPTION | 2023-01-02 | — | — | 6,834 | — | — |
Vehicle mix — grant-date fair value by award type
Grant-level vehicle detail not disclosed.
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2023
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| John Landry | Option | 67 | 97.28 | — |
| Joseph Army | Option | 156 | 97.28 | — |
| John Landry | Option | 210 | 97.28 | — |
| John Landry | RSU | 358 | — | 358 |
| Joseph Army | Option | 476 | 97.28 | — |
| John Landry | Option | 580 | 214.88 | — |
| John Landry | RSU | 1,025 | — | 1,025 |
| Joseph Army | RSU | 1,154 | — | 1,154 |
| Brian Lawrence | RSU | 1,183 | — | 1,183 |
| John Landry | Option | 1,595 | 165.68 | — |
| Brian Lawrence | Option | 1,850 | 165.68 | — |
| Joseph Army | Option | 1,874 | 214.88 | — |
| John Landry | RSU | 5,000 | — | 5,000 |
| Brian Lawrence | RSU | 5,000 | — | 5,000 |
| John Landry | Option | 6,625 | 25.28 | — |
| Brian Lawrence | Option | 6,625 | 25.28 | — |
| Brian Lawrence | RSU | 6,791 | — | 6,791 |
| John Landry | Option | 6,834 | 21.6 | — |
| Brian Lawrence | Option | 6,834 | 21.6 | — |
| John Landry | RSU | 20,000 | — | 20,000 |
| Brian Lawrence | RSU | 30,000 | — | 30,000 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| James LikenIndependent · Board Chair · Nominating and corporate governance (Chair) | $90,000 | $8,379 | $0 | — | — | $98,379 |
| Lance BerryIndependent · Audit (Chair) | 60,000 | 8,379 | 0 | — | — | 68,379 |
| Donald SpenceIndependent · Compensation (Chair) · Nominating and corporate governance | 60,000 | 8,379 | 0 | — | — | 68,379 |
| Elizabeth WeathermanIndependent · Audit | 60,000 | 8,379 | 0 | — | — | 68,379 |
| Anthony ArnerichIndependent · Compensation · Nominating and corporate governance | 52,500 | 8,379 | 0 | — | — | 60,879 |
| Mary Beth MoynihanIndependent · Audit | 50,000 | 8,379 | 0 | — | — | 58,379 |
| Lori KnowlesIndependent · Compensation | 47,500 | 8,379 | 0 | — | — | 55,879 |
Board fee structure and ownership guideline
| Annual cash retainer | $40,000 |
|---|---|
| Annual equity retainer | $125,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | $120,000 |
Total cost of the board
| Component | FY2023 |
|---|---|
| Cash retainers and fees | $420,000 |
| Equity awards (grant-date value) | $58,653 |
| All other compensation | $0 |
| Total cost of the board | $478,653 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Vapotherm as a peer
Companies that benchmark against VAPO
No companies currently name VAPO as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Vapotherm Inc | 2023 | Joseph Army | $508,532 | $0 | $0 | $264,722 | $776,645 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (22 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Joseph Army. 10-K/A, filed 2024-04-29. Section “Executive Compensation”. As printed: 776,645. View filing ↗
- Section 01, Brian Lawrence. 10-K/A, filed 2024-04-29. Section “Executive Compensation”. As printed: 744,634. View filing ↗
- Section 01, Gregoire Ramade. 10-K/A, filed 2024-04-29. Section “Executive Compensation”. As printed: 723,214. View filing ↗
- Section 01, John Landry. 10-K/A, filed 2024-04-29. Section “Executive Compensation”. As printed: 721,060. View filing ↗
- Section 03, John Landry OPTION. DEF 14A, filed 2024-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, John Landry OPTION. DEF 14A, filed 2024-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, John Landry RSU. DEF 14A, filed 2024-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Brian Lawrence OPTION. DEF 14A, filed 2024-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Brian Lawrence OPTION. DEF 14A, filed 2024-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Brian Lawrence RSU. DEF 14A, filed 2024-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Gregoire Ramade OPTION. DEF 14A, filed 2024-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Gregoire Ramade OPTION. DEF 14A, filed 2024-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, James Liken. 10-K, filed 2024-04-29. Section “Director Compensation”. As printed: 98,379. View filing ↗
- Section 08, Lance Berry. 10-K, filed 2024-04-29. Section “Director Compensation”. As printed: 68,379. View filing ↗
- Section 08, Donald Spence. 10-K, filed 2024-04-29. Section “Director Compensation”. As printed: 68,379. View filing ↗
- Section 08, Elizabeth Weatherman. 10-K, filed 2024-04-29. Section “Director Compensation”. As printed: 68,379. View filing ↗
- Section 08, Anthony Arnerich. 10-K, filed 2024-04-29. Section “Director Compensation”. As printed: 60,879. View filing ↗
- Section 08, Mary Beth Moynihan. 10-K, filed 2024-04-29. Section “Director Compensation”. As printed: 58,379. View filing ↗
- Section 08, Lori Knowles. 10-K, filed 2024-04-29. Section “Director Compensation”. As printed: 55,879. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 420,000 + equity 58,653 + all other 0 = 478,653, summed across the director compensation table rows.
- Vapotherm Inc (subject), Section 10b CEO total. 10-K/A, filed 2024-04-29. CEO total compensation as printed in Vapotherm Inc's own proxy. As printed: 776,645. View filing ↗