Nabil Shabshab - 01 Jun 2023 Form 4 Insider Report for Inogen Inc (INGN)

Role: CEO and President, Director
Signature: /s/ Leslyn Cicekli, as Attorney-in-Fact
Issuer symbol: INGN
Transactions as of: 01 Jun 2023
Net transactions value: -$20,128
Form type: 4
Filing time: 05 Jun 2023, 16:45:38 UTC
Previous filing: 02 Mar 2023
Next filing: 05 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INGN	Common Stock	Options Exercise	$0	+3,685	+11%	$0.000000	37,188	01 Jun 2023	Direct
transaction	INGN	Common Stock	Tax liability	$20,128	-1,941	-5.2%	$10.37	35,247	01 Jun 2023	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	-1,568	-20%	$0.000000	6,273	01 Jun 2023	Common Stock	1,568		Direct	F2, F3
transaction	INGN	Restricted Stock Unit	Options Exercise	$0	-2,117	-25%	$0.000000	6,351	01 Jun 2023	Common Stock	2,117		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 June 1, 2023.
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.