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DIGI INTERNATIONAL INC — Director's Dealing 2011
May 5, 2011
31989_dirs_2011-05-05_5711a22e-0829-4618-b4b1-b1f7c633c8d9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DIGI INTERNATIONAL INC (DGII)
CIK: 0000854775
Period of Report: 2011-05-04
Reporting Person: Kraft Lawrence A (Senior VP Sales & Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-04 | Common Stock | M | 11677 | $3.20 | Acquired | 11677 | Direct |
| 2011-05-04 | Common Stock | S | 11677 | $11.507 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-04 | Employee Stock Option (right to buy) | $3.20 | M | 11677 | Disposed | 2013-02-13 | Common Stock (11677) | Direct |
Footnotes
F1: The price in Column 4 is the volume weighted average sale price. These Shares were sold in multiple transactions at prices ranging from $11.500 to $11.575. The reporting person undertakes to prove to Digi International Inc., any security holder of Digi International Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote (1) to Form 4.
F2: The option vested as to 25% of the shares on February 13, 2004, and thereafter in 36 equal installments.