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EVP of Inogen just cashed-in 4,102 options

Matt Scribner, EVP of Inogen, recently cashed-in 4,102 options. The options were exercised at $2.40, while the disposals took place at $48.62 per share, on April 15, 2016. Scribner continues to hold 2,333 shares of the company. Scribner operates out of Goleta, CA. Some additional info was provided as follows:

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2015. Represents the weighted average share price of an aggregate total of 4,102 shares sold in the price range of $48.31 to $49.06 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 sol d at each separate price. Subject 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.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Inogen's President and CEO just cashed-in 29,635 options - April 19, 2016
EVP of Inogen just disposed of 6,500 shares - April 14, 2016
EVP of Inogen just disposed of 9,278 shares - April 7, 2016