Jason Somer - 01 Mar 2024 Form 4 Insider Report for Inogen Inc (INGN)

Role: EVP, Gen. Counsel & Secretary
Signature: /s/ Leslyn Cicekli, as Attorney-in-Fact
Issuer symbol: INGN
Transactions as of: 01 Mar 2024
Net transactions value: -$32,146
Form type: 4
Filing time: 05 Mar 2024, 19:10:08 UTC
Previous filing: 04 Dec 2023
Next filing: 03 May 2024
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	+7,150	+183%	$0.000000	11,064	01 Mar 2024	Direct
transaction	INGN	Common Stock	Tax liability	$32,146	-4,576	-41%	$7.02	6,488	01 Mar 2024	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	-576	-14%	$0.000000	3,459	01 Mar 2024	Common Stock	576		Direct	F2, F3
transaction	INGN	Restricted Stock Unit	Options Exercise	$0	-1,894	-50%	$0.000000	1,893	01 Mar 2024	Common Stock	1,894		Direct	F2, F4
transaction	INGN	Restricted Stock Unit	Options Exercise	$0	-4,680	-33%	$0.000000	9,359	01 Mar 2024	Common Stock	4,680		Direct	F2, F5
transaction	INGN	Restricted Stock Unit	Award	$0	+21,996		$0.000000	21,996	01 Mar 2024	Common Stock	21,996		Direct	F2, F6

* 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 March 1, 2024.
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, 25% of the restricted stock units shall vest on September 1, 2022, and 1/16th of the restricted stock units shall vest every three months thereafter on the 1st day of the month.
F4	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.
F5	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.
F6	Subject to the reporting person's continued service, 1/3rd of the restricted stock units shall vest on March 1, 2025, 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.