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Stock impact report

Inogen, Inc. Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4) [Yahoo! Finance]

Inogen, Inc (INGN) 
Last inogen, inc earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.inogen.com
Company Research Source: Yahoo! Finance
for use in the homecare setting, today announced that, effective March 4, 2024, the Compensation Committee of Inogen's Board of Directors approved awards of restricted stock units as material inducement to Michael Bourque entering into employment with the company to serve as its Executive Vice President, Chief Financial Officer and Treasurer. The equity awards were approved in accordance with NASDAQ Listing Rule 5635(c)(4), which also requires a public announcement of equity awards that are not made under a stockholder approved equity plan. In connection with entering into employment with Inogen, Mr. Bourque, who was not previously an employee or director of Inogen, received equity awards of restricted stock units covering an aggregate of 150,000 shares of Inogen's common stock, comprised of (i) 75,000 time-based restricted stock units ("RSUs") and (ii) 75,000 performance-based restricted stock units ("PSUs"); provided, overachievement of the performance goals may result in Mr. Bour Show less Read more
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