Nabil Shabshab - 01 Sep 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 Sep 2023
Net transactions value
-$12,002
Form type
4
Filing time
05 Sep 2023, 18:23:26 UTC
Previous filing
05 Jun 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 +3,686 +10% $0.000000 38,933 01 Sep 2023 Direct
transaction INGN Common Stock Tax liability $12,002 -1,942 -5% $6.18 36,991 01 Sep 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 -1,569 -25% $0.000000 4,704 01 Sep 2023 Common Stock 1,569 Direct F2, F3
transaction INGN Restricted Stock Unit Options Exercise $0 -2,117 -33% $0.000000 4,234 01 Sep 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 September 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.