George J. Parr - Feb 28, 2023 Form 4 Insider Report for Inogen Inc (INGN)

Role
Chief Commercial Officer
Signature
/s/ Leslyn Cicekli, as Attorney-in-Fact
Stock symbol
INGN
Transactions as of
Feb 28, 2023
Transactions value $
-$52,888
Form type
4
Date filed
3/2/2023, 07:36 PM
Previous filing
Dec 5, 2022
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGN Common Stock Award $0 +2.27K +60.39% $0.00 6.03K Mar 1, 2023 Direct F1
transaction INGN Common Stock Tax liability -$15.4K -988 -16.37% $15.56 5.05K Mar 1, 2023 Direct F2
transaction INGN Common Stock Options Exercise $0 +4.91K +97.36% $0.00 9.96K Mar 1, 2023 Direct
transaction INGN Common Stock Tax liability -$37.5K -2.41K -24.21% $15.56 7.55K Mar 1, 2023 Direct F3

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 -1.13K -10% $0.00 10.1K Mar 1, 2023 Common Stock 1.13K Direct F4, F5
transaction INGN Restricted Stock Unit Options Exercise $0 -3.79K -33.34% $0.00 7.57K Mar 1, 2023 Common Stock 3.79K Direct F4, F6
transaction INGN Restricted Stock Unit Award $0 +28.1K $0.00 28.1K Feb 28, 2023 Common Stock 28.1K Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities represent shares earned and vested on March 1, 2023 based on achievement of the financial performance conditions for the 2022 fiscal year that were approved as part of the 2022 performance-based restricted stock award granted on March 1, 2022.
F2 The reported shares were withheld to cover the Reporting Person's tax withholding liability in connection with the 2022 performance-based restricted stock award granted on March 1, 2022 and vested on March 1, 2023.
F3 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, 2023.
F4 Each restricted stock unit represents a contingent right to receive one share of Inogen common stock.
F5 Subject to the reporting person's continued service, 25% of the restricted stock units shall vest on June 1, 2022, and 1/16th of the restricted stock units shall vest every three months thereafter on the 1st day of the month.
F6 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.
F7 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.