SEC Form 4 · accession 0001179110-18-010583
DIGI INTERNATIONAL INC · DGII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon A. Nyland
Officer — VP, Manufacturing Operations
Period of report
Aug 10, 2018
Accepted (ET)
Aug 14, 2018 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000854775
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 10, 2018 | M | 8,452 | $8.03 | A | 47,311 | D | |
| Common StockF1 | Aug 10, 2018 | S | 8,452 | $13.1039 | D | 38,859 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $8.03 | Aug 10, 2018 | M | 8,452 | D | — | Nov 24, 2019 | Common Stock | 8,452 | 12,553 | D |
Explanation of responses
- F1Reflects the weighted average price of 8,452 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on August 10, 2018 with sale prices ranging from $13.10 to $13.20 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.
- F2Fully vested.