Inogen Inc — Director's Dealing 2017

May 23, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Inogen Inc (INGN)
CIK: 0001294133
Period of Report: 2017-05-18

Reporting Person: Anderson Ray Benjamin M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-18	Common Stock	M	4445	$16.62	Acquired	4445	Direct
2017-05-18	Common Stock	S	4445	$81.0509	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-18	Stock Option (right to buy)	$16.62	M	4445	Disposed	2021-03-31	Common Stock (4445)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4896	Indirect

Footnotes

F1: Represents the weighted average share price of an aggregate total of 4,445 shares sold in the price range of $81.00 to $81.31 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Shares were previously reported as directly owned by the reporting person. Shares held of record by the Benjamin M. Anderson-Ray Revocable Living Trust (the "Trust"), of which the reporting person and his spouse are the trustees and beneficiaries. The reporting person has shared voting and investment power with respect to the shares held of record by the Trust.

F3: Subject to the reporting person's continuing service, 1/24th of the total shares subject to the option shall vest every month after April 1, 2014.

F4: Previous Forms 4 indicated an incorrect expiration date.