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Inogen Inc — Director's Dealing 2022
Mar 4, 2022
33625_dirs_2022-03-03_b9c780bc-677f-4113-8e64-56ae1e3bbf55.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Inogen Inc (INGN)
CIK: 0001294133
Period of Report: 2022-03-01
Reporting Person: Shabshab Nabil (Director, CEO and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-01 | Common Stock | A | 9409 | $0.00 | Acquired | 9409 | Direct |
| 2022-03-01 | Common Stock | F | 4665 | $35.21 | Disposed | 4744 | Direct |
| 2022-03-01 | Common Stock | M | 21641 | $0.00 | Acquired | 26385 | Direct |
| 2022-03-01 | Common Stock | F | 10730 | $35.21 | Disposed | 15655 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-01 | Restricted Stock Unit | $ | M | 4705 | Disposed | Common Stock (4705) | Direct | |
| 2022-03-01 | Restricted Stock Unit | $ | M | 16936 | Disposed | Common Stock (16936) | Direct | |
| 2022-03-01 | Restricted Stock Unit | $ | A | 39051 | Acquired | Common Stock (39051) | Direct |
Footnotes
F1: The reported securities represent shares earned and vested on March 1, 2022 based on achievement of the financial performance conditions for the 2021 fiscal year that were approved as part of the 2021 performance-based restricted stock award granted on March 1, 2021.
F2: The reported shares were withheld to cover the Reporting Person's tax withholding liability in connection with the 2021 performance-based restricted stock award granted on March 1, 2021 and vested on March 1, 2022.
F3: 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, 2022.
F4: Each restricted stock unit represents a contingent right to receive one share of Inogen common stock.
F5: 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.
F6: 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.
F7: 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.