Company: INGN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029993
Chunk: 256

Company: Inogen Inc
Filing Date: 2025-02-28
Form: 10-K
Item: Item 16
Chunk 256
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 restricted stock awards outstanding as of December 31, 2021 (1)

        10,416

        5,629

        16,045

        $
        87.12

        Vested

        (4,496
        )

        (5,629
        )

        (10,125
        )

        99.46

        Forfeited/canceled

        (5,134
        )

        —

        (5,134
        )

        74.25

        Unvested restricted stock awards outstanding as of December 31, 2022 (1)

        786

        —

        786

        $
        59.55

        Unvested and expected to vest restricted stock awards outstanding as of     December 31, 2022

        748

        $
        60.39

        Unvested restricted stock awards outstanding as of December 31, 2022

        786

        —

        786

        $
        59.55

        Vested

        (786
        )

        —

        (786
        )

        59.55

        Unvested restricted stock awards outstanding as of December 31, 2023 (1)

        —

        —

        —

        $
        —

        Unvested and expected to vest restricted stock awards outstanding as of     December 31, 2023

        —

        $
        —

       (1)Outstanding restricted stock units and restricted stock awards are based on the maximum payout of the targeted number of shares.As of December 31, 2024, the unrecognized compensation cost related to unvested employee restricted stock units was $7,478, excluding estimated forfeitures. This amount is expected to be recognized over a weighted average period of 1.7 years. Employee stock purchase planThe Company’s 2014 Employee Stock Purchase Plan (ESPP) provides all eligible employees the option to purchase the Company’s ordinary shares at a discount through payroll deductions. The expense recognized for shares purchased under the ESPP is equal to the 15% discount the employee receives. In 2024, employees purchased a total of 144,255 shares at an average price of $5.62 per share. As of December 31, 2024, a total of 585,409 shares of common stock were available for future purchase under the ESPP. For 2024, an additional 179,069