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Inogen's President and CEO just cashed-in 29,635 options

Raymond Huggenberger, Inogen's President and CEO and a director of the company, recently cashed-in 29,635 options. The options were exercised at prices ranging between $0.81 and $16.62, while the disposals took place at $48.59 per share, on April 15, 2016. Huggenberger continues to hold 6,808 shares of the company. Huggenberger 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 November 16, 2015. Represents the weighted average share price of an aggregate total of 29,635 shares sold in the price range of $48.21 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 sold 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 April 1, 2012. The Form 3 filed on February 12, 2014 mistakenly reported the expiration date as 3/28/2012. 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 October 1, 2013. Subject to the reporting person's continuing service, 1/48th of the total shares subject to the option shall vest every month after March 1, 2014.

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:

EVP of Inogen just disposed of 6,500 shares - April 14, 2016
EVP of Inogen just disposed of 9,278 shares - April 7, 2016
EVP of Inogen just disposed of 4,360 shares - April 4, 2016