Nabil Shabshab - Sep 1, 2022 Form 4 Insider Report for Inogen Inc (INGN)

Role
CEO and President, Director
Signature
/s/ Leslyn Cicekli, as Attorney-in-Fact
Stock symbol
INGN
Transactions as of
Sep 1, 2022
Transactions value $
-$52,610
Form type
4
Date filed
9/6/2022, 08:51 PM
Previous filing
Jun 3, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGN Common Stock Options Exercise $0 +3.69K +21.04% $0.00 21.2K Sep 1, 2022 Direct
transaction INGN Common Stock Tax liability -$52.6K -1.83K -8.62% $28.78 19.4K Sep 1, 2022 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 -1.57K -12.5% $0.00 11K Sep 1, 2022 Common Stock 1.57K Direct F2, F3
transaction INGN Restricted Stock Unit Options Exercise $0 -2.12K -14.29% $0.00 12.7K Sep 1, 2022 Common Stock 2.12K Direct F2, F4
* 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 September 1, 2022.
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 with the Company, 25% of the restricted stock units will vest March 1, 2022, and the remaining 75% of the restricted stock units will vest in 1/12th quarterly installments over the following 3 years.
F4 Subject to the reporting person's continued service, 50% of the restricted stock units will vest on March 1, 2022, and the remaining 50% of the restricted stock units will vest in 1/8th quarterly installments over the following 2 years.