Jason Somer - Mar 1, 2024 Form 4 Insider Report for Inogen Inc (INGN)

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Leslyn Cicekli, as Attorney-in-Fact
Stock symbol
INGN
Transactions as of
Mar 1, 2024
Transactions value $
-$32,146
Form type
4
Date filed
3/5/2024, 07:10 PM
Previous filing
Dec 4, 2023
Next filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGN Common Stock Options Exercise $0 +7.15K +182.68% $0.00 11.1K Mar 1, 2024 Direct
transaction INGN Common Stock Tax liability -$32.1K -4.58K -41.36% $7.03 6.49K Mar 1, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INGN Restricted Stock Unit Options Exercise $0 -576 -14.28% $0.00 3.46K Mar 1, 2024 Common Stock 576 Direct F2, F3
transaction INGN Restricted Stock Unit Options Exercise $0 -1.89K -50.01% $0.00 1.89K Mar 1, 2024 Common Stock 1.89K Direct F2, F4
transaction INGN Restricted Stock Unit Options Exercise $0 -4.68K -33.34% $0.00 9.36K Mar 1, 2024 Common Stock 4.68K Direct F2, F5
transaction INGN Restricted Stock Unit Award $0 +22K $0.00 22K Mar 1, 2024 Common Stock 22K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares were withheld to cover the Reporting Person's tax withholding liability in connection with a portion of a time-based restricted stock award that vested on March 1, 2024.
F2 Each restricted stock unit represents a contingent right to receive one share of Inogen common stock.
F3 Subject to the reporting person's continued service, 25% of the restricted stock units shall vest on September 1, 2022, and 1/16th of the restricted stock units shall vest every three months thereafter on the 1st day of the month.
F4 Subject to the reporting person's continued service, 1/3rd of the restricted stock units shall vest on March 1, 2023, and 1/3rd of the restricted stock units shall vest every year thereafter on the same day of the year as the Vesting Commencement Date.
F5 Subject to the reporting person's continued service, 1/3rd of the restricted stock units shall vest on March 1, 2024, and 1/3rd of the restricted stock units shall vest every year thereafter on the same day of the year as the Vesting Commencement Date.
F6 Subject to the reporting person's continued service, 1/3rd of the restricted stock units shall vest on March 1, 2025, and 1/3rd of the restricted stock units shall vest every year thereafter on the same day of the year as the Vesting Commencement Date.