Nabil Shabshab - Jun 1, 2023 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
Jun 1, 2023
Transactions value $
-$20,128
Form type
4
Date filed
6/5/2023, 04:45 PM
Previous filing
Mar 2, 2023
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGN Common Stock Options Exercise $0 +3.69K +11% $0.00 37.2K Jun 1, 2023 Direct
transaction INGN Common Stock Tax liability -$20.1K -1.94K -5.22% $10.37 35.2K Jun 1, 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 -1.57K -20% $0.00 6.27K Jun 1, 2023 Common Stock 1.57K Direct F2, F3
transaction INGN Restricted Stock Unit Options Exercise $0 -2.12K -25% $0.00 6.35K Jun 1, 2023 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 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.