Sanford Bart Ben 4
4 · Inogen Inc · Filed Mar 2, 2023
Insider Transaction Report
Form 4
Inogen IncINGN
Sanford Bart Ben
EVP, Operations
Transactions
- Exercise/Conversion
Common Stock
2023-03-01+2,402→ 12,426 total - Tax Payment
Common Stock
2023-03-01$15.56/sh−507$7,889→ 10,024 total - Tax Payment
Common Stock
2023-03-01$15.56/sh−1,166$18,143→ 11,260 total - Exercise/Conversion
Restricted Stock Unit
2023-03-01−273→ 1,092 total→ Common Stock (273 underlying) - Award
Common Stock
2023-03-01+1,135→ 10,531 total - Exercise/Conversion
Restricted Stock Unit
2023-03-01−236→ 1,881 total→ Common Stock (236 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-03-01−1,893→ 3,787 total→ Common Stock (1,893 underlying)
Footnotes (7)
- [F1]The reported securities represent shares earned and vested on March 1, 2023 based on achievement of the financial performance conditions for the 2022 fiscal year that were approved as part of the 2022 performance-based restricted stock award granted on March 1, 2022.
- [F2]The reported shares were withheld to cover the Reporting Person's tax withholding liability in connection with the 2022 performance-based restricted stock award granted on March 1, 2022 and vested on March 1, 2023.
- [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, 2023.
- [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, 25% of the restricted stock units shall vest on March 1, 2021, and 1/16th of the restricted stock units shall vest every three months thereafter on the 1st day of the month.
- [F6]Subject to the reporting person's continued service, 25% of the restricted stock units shall vest on March 1, 2022, and 1/16th of the restricted stock units shall vest every three months thereafter on the 1st day of the month.
- [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.