SEC Form 4 · accession 0001179110-19-001526
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
Feb 5, 2019
Accepted (ET)
Feb 7, 2019 · 5:03 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 | Feb 5, 2019 | M | 4,392 | $8.03 | A | 47,758 | D | |
| Common StockF1 | Feb 5, 2019 | S | 4,392 | $13.5633 | D | 43,366 | D | |
| Common Stock | Feb 6, 2019 | M | 8,161 | $8.03 | A | 51,527 | D | |
| Common Stock | Feb 6, 2019 | M | 20,000 | $9.68 | A | 71,527 | D | |
| Common StockF2 | Feb 6, 2019 | S | 28,161 | $13.3509 | D | 43,366 | 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)F3 | $8.03 | Feb 5, 2019 | M | 4,392 | D | — | Nov 24, 2019 | Common Stock | 4,392 | 8,161 | D |
| Employee Stock Option (right to buy)F3 | $8.03 | Feb 6, 2019 | M | 8,161 | D | — | Nov 24, 2019 | Common Stock | 8,161 | 0 | D |
| Employee Stock Option (right to buy)F3 | $9.68 | Feb 6, 2019 | M | 20,000 | D | — | Nov 23, 2020 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 4,392 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on February 5, 2019 with sale prices ranging from $13.55 to $13.70 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 28,161 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on February 6, 2019 with sale prices ranging from $13.25 to $13.45 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.
- F3Fully vested.