SEC Form 4 · accession 0001179110-18-013422
DIGI INTERNATIONAL INC · DGII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ahmed Nawaz
Director
Period of report
Nov 30, 2018
Accepted (ET)
Dec 4, 2018 · 5:21 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 30, 2018 | M | 2,380 | $7.88 | A | 148,944 | D | |
| Common StockF1 | Nov 30, 2018 | S | 2,380 | $11.909 | D | 146,564 | D | |
| Common Stock | Dec 3, 2018 | M | 1,427 | $7.88 | A | 147,991 | D | |
| Common StockF2 | Dec 3, 2018 | S | 1,427 | $11.8534 | D | 146,564 | D | |
| Common Stock | Dec 4, 2018 | M | 9,493 | $7.88 | A | 156,057 | D | |
| Common StockF3 | Dec 4, 2018 | S | 9,493 | $11.2095 | D | 146,564 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $7.88 | Nov 30, 2018 | M | 2,380 | D | — | Jan 27, 2019 | Common Stock | 2,380 | 10,920 | D |
| Stock Option (right to buy)F4 | $7.88 | Dec 3, 2018 | M | 1,427 | D | — | Jan 27, 2019 | Common Stock | 1,427 | 9,493 | D |
| Stock Option (right to buy)F4 | $7.88 | Dec 4, 2018 | M | 9,493 | D | — | Jan 27, 2019 | Common Stock | 9,493 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 2,380 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on November 30, 2018 with sale prices ranging from $11.85 to $11.92 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.
- F2Reflects the weighted average price of 1,427 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on December 3, 2018 with sale prices ranging from $11.85 to $11.8625 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.
- F3Reflects the weighted average price of 9,493 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on December 4, 2018 with sale prices ranging from $11.03 to $11.48 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.
- F4Fully vested.