SEC Form 4 · accession 0001179110-18-013096

DIGI INTERNATIONAL INC · DGII

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP, Technology Services

Period of report

Nov 19, 2018

Accepted (ET)

Nov 21, 2018 · 4:43 pm EST

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
Common Stock	Nov 19, 2018	F	455	$11.94	D	40,619	D
Common Stock	Nov 20, 2018	F	478	$11.87	D	40,141	D
Common Stock^F1	Nov 20, 2018	A	6,533	$0.00	A	46,674	D
Common Stock	Nov 21, 2018	M	2,401	$8.49	A	49,075	D
Common Stock^F2	Nov 21, 2018	S	2,401	$11.8621	D	46,674	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F3	$11.87	Nov 20, 2018	A	18,750	A	—	Nov 20, 2025	Common Stock	18,750	18,750	D
Employee Stock Option (right to buy)^F4	$8.49	Nov 21, 2018	M	2,401	D	—	Nov 25, 2018	Common Stock	2,401	0	D

F1Restricted stock units scheduled to vest in four substantially equal increments on each of November 20, 2019, 2020, 2021 and 2022.
F2Reflects the weighted average price of 2,401 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on November 21, 2018 with sale prices ranging from $11.86 to $11.89 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.
F3The option vests as to 25% of the shares on November 20, 2019 and thereafter in 36 monthly installments.
F4Fully vested.