SEC Form 4 · accession 0001209191-15-019062
Inogen Inc · INGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brenton Taylor
Officer — EVP, Engineering
Period of report
Feb 25, 2015
Accepted (ET)
Feb 26, 2015 · 4:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001294133
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 25, 2015 | M | 14,712 | $0.60 | A | 54,729 | D | |
| Common Stock | Feb 25, 2015 | M | 975 | $2.40 | A | 55,704 | D | |
| Common StockF2 | Feb 25, 2015 | S | 14,712 | $33.8634 | D | 40,992 | D | |
| Common StockF3 | Feb 25, 2015 | S | 975 | $33.9116 | D | 40,017 | D | |
| Common StockF4 | holding | — | — | — | 4,289 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F5 | $0.60 | Feb 25, 2015 | M | 14,712 | D | — | Feb 24, 2020 | Common Stock | 14,712 | 0 | D |
| Stock Option (right to buy)F6 | $2.40 | Feb 25, 2015 | M | 975 | D | — | Mar 27, 2018 | Common Stock | 975 | 31,823 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 18, 2014.
- F2Represents the weighted average share price of an aggregate total of 14,712 shares sold in the price range of $33.47 to $34.00 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.
- F3Represents the weighted average share price of an aggregate total of 975 shares sold in the price range of $33.7550 to $34.08 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.
- F4Stock held by spouse of reporting person.
- F5Subject to the reporting person's continuing service, sixty percent (60%) of the shares subject to the option shall vest and become exercisable on the vesting commencement date, and thereafter, one thirtieth (1/30th) of the remaining shares subject to the option shall vest each month on the same day as the vesting commencement date, such that the shares subject to the option shall become fully vested and exercisable on the thirty (30) month anniversary of the vesting commencement date. The vesting commencement date for this option is February 24, 2010.
- F6Subject to the reporting person's continuing service, one forty-eighth (1/48th) of the shares subject to the option shall vest each month on the same day as the vesting commencement date, such that the shares subject to the option shall become fully vested and exercisable on the fourth (4th) anniversary of the vesting commencement date. The vesting commencement date for this option is January 1, 2008. This option is fully vested as of January 1, 2012.