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DIGI INTERNATIONAL INC — Director's Dealing 2021
Dec 3, 2021
31989_dirs_2021-12-03_e300df1d-a193-47b7-857b-252a4c7842ae.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: 2021-12-01
Reporting Person: Riley Kevin C. (President, Digi SmartSense)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-01 | Common Stock | M | 781 | $11.87 | Acquired | 83671 | Direct |
| 2021-12-01 | Common Stock | M | 4502 | $17.94 | Acquired | 88173 | Direct |
| 2021-12-01 | Common Stock | S | 5283 | $22.5923 | Disposed | 82890 | Direct |
| 2021-12-02 | Common Stock | M | 11471 | $17.94 | Acquired | 94361 | Direct |
| 2021-12-02 | Common Stock | S | 11471 | $22.2313 | Disposed | 82890 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-01 | Employee Stock Option (right to buy) | $11.87 | M | 781 | Disposed | 2025-11-10 | Common Stock (781) | Direct |
| 2021-12-01 | Employee Stock Option (right to buy) | $17.94 | M | 4502 | Disposed | 2026-11-27 | Common Stock (4502) | Direct |
| 2021-12-02 | Employee Stock Option (right to buy) | $17.94 | M | 11471 | Disposed | 2026-11-27 | Common Stock (11471) | Direct |
Footnotes
F1: Reflects the weighted average price of 5,283 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on December 1, 2021 with sale prices ranging from $22.45 to $22.79 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2: Reflects the weighted average price of 11,471 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on December 1, 2021 with sale prices ranging from $22.00 to $22.40 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3: Fully vested.
F4: The option vests as to 25% of the shares on November 27, 2020 and thereafter in 36 monthly installments.