Jason Somer - 01 Sep 2023 Form 4 Insider Report for Inogen Inc (INGN)

Signature
/s/ Leslyn Cicekli, as Attorney-in-Fact
Issuer symbol
INGN
Transactions as of
01 Sep 2023
Net transactions value
-$1,774
Form type
4
Filing time
05 Sep 2023, 19:24:47 UTC
Previous filing
05 Jun 2023
Next filing
04 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGN Common Stock Options Exercise $0 +577 +17% $0.000000 3,911 01 Sep 2023 Direct
transaction INGN Common Stock Tax liability $1,774 -287 -7.3% $6.18 3,624 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 -577 -11% $0.000000 4,611 01 Sep 2023 Common Stock 577 Direct F2, F3
* 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, 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.