Company: INGN
Filing Date: 2025-02-03
Form Type: 8-K
Source: 0000950170-25-012334
Chunk: 1

Company: Inogen Inc
Filing Date: 2025-02-03
Form: 8-K
Item: Item 5.02
Chunk 1
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 industrial equipment companies. Ms. Sahney graduated summa cum laude from the University of Michigan with a B. S. in Mechanical Engineering. She holds an M. S. from Stanford University in Mechanical Engineering. Ms. Sahney also holds both an M. S. in Engineering and an MBA from the Massachusetts Institute of Technology.

Ms. Sahney will be compensated in accordance with the Company’s outside director compensation policy (the “ Policy”). Pursuant to the Policy, Ms. Sahney will be entitled to receive the following cash fees: $45,000 per year for service as a member of the Board and $5,000 per year for service as a member of each of the Nominating and Governance Committee and Compliance Committee, each paid quarterly in arrears on a pro-rata basis.

In connection with her appointment to the Board, as a non-employee director and pursuant to the Company’s Amended and Restated 2023 Equity Incentive Plan and the Policy, Ms. Sahney received an initial award of 9,112 restricted stock units (“ RSUs”). Each RSU represents a contingent right to receive one share of the Company’s common stock, par value $0.001per share. The award will vest on May 14, 2025 which is the same date as the non-employee director annual awards that were outstanding as of the grant date, subject to Ms. Sahney continuing to serve as a director through the vesting date.

Ms. Sahney has entered into the Company’s standard indemnification agreement for directors and officers, a copy of which was attached as Exhibit 10.1 to the Company’s Registration Statement on Form S-1 (File No. 333-192605) filed with the Securities and Exchange Commission on November 27, 2013.

There is no arrangement or understanding between Ms. Sahney and any other persons pursuant to which Ms. Sahney was elected as a director. In addition, Ms. Sahney is not a party to any transaction, or series of transactions, required to be disclosed pursuant to Item 404(a) of Regulation S-K. There are no family relationships between Ms. Sahney and any of the Company’s directors or executive officers.

Item 7.01. Regulation FD Disclosure.

On February 3, 2025, the Company issued a press release announcing Ms. Sahney's appointment as a director. A copy of the press release is furnished herewith as Exhibit 99.1.

The information set forth under this