Company: INGN
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0000950170-25-045737
Chunk: 85

Company: Inogen Inc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 85
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 using a Monte Carlo simulation model and related valuation assumptions for the applicable performance period as of the date on which the performance-based RSUs are granted. The estimated fair value for performance-based RSUs is different from (and lower than) the maximum value of performance-based RSUs set forth below. These amounts do not necessarily correspond to the actual value recognized by our NEOs. For a discussion of valuation assumptions, see the notes to our audited financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on February 28, 2025.

The amounts reported in the Non-Equity Incentive Plan Compensation column represent amounts earned by our applicable NEOs under and payable under the 2024 Incentive Plan, which were paid in the subsequent fiscal year.

Includes the grant date value of $597,125 for time-based RSUs and probable value of $589,900 for performance-based RSUs. As of the grant date, the value of the maximum potential payout for such performance-based RSUs was $589,900.

In the case of each NEO (other than Mr. Ramade), reflects the matching contributions made by the Company to the Company’s 401(k) plan paid on behalf of the executive by the Company.

Includes the grant date value of $412,250 for time-based RSUs and probable value of $412,250 for performance-based RSUs. As of the grant date, the value of the maximum potential payout for such performance-based RSUs was $824,500.

The salary for Mr. Bourque for 2024 reflects a start date of March 4, 2024 and a base salary of $425,000 on a pro rata basis.

Reflects a sign-on bonus in accordance with Mr. Bourque and Mr. K.P. Smith’s respective employment agreements.

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Includes the grant date value of $501,000 for time-based RSUs and probable value of $501,000 for performance-based RSUs. As of the grant date, the value of the maximum potential payout for such performance-based RSUs was $1,002,000.

The salary for Mr. K.P. Smith for 2024 reflects a start date of July 22, 2024 and a base salary of $420,000 on a pro rata basis.

Includes the grant date value of $499,991 for time-based RSUs.

The salary for Mr.