SEC Form 4 · accession 0001179110-19-001813
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 11, 2019
Accepted (ET)
Feb 13, 2019 · 3:58 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 11, 2019 | M | 22,529 | $10.63 | A | 65,895 | D | |
| Common StockF1 | Feb 11, 2019 | S | 22,529 | $13.2259 | D | 43,366 | D | |
| Common Stock | Feb 12, 2019 | M | 7,471 | $10.63 | A | 50,837 | D | |
| Common Stock | Feb 12, 2019 | M | 3,071 | $9.35 | A | 53,908 | D | |
| Common StockF2 | Feb 12, 2019 | S | 10,542 | $13.226 | 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 | $10.63 | Feb 11, 2019 | M | 22,529 | D | — | Nov 22, 2021 | Common Stock | 22,529 | 7,471 | D |
| Employee Stock Option (right to buy)F3 | $10.63 | Feb 12, 2019 | M | 7,471 | D | — | Nov 22, 2021 | Common Stock | 7,471 | 0 | D |
| Employee Stock Option (right to buy)F3 | $9.35 | Feb 12, 2019 | M | 3,071 | D | — | Nov 20, 2022 | Common Stock | 3,071 | 21,929 | D |
Explanation of responses
- F1Reflects the weighted average price of 22,529 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on February 11, 2019 with sale prices ranging from $13.15 to $13.395 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 10,542 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on February 12, 2019 with sale prices ranging from $13.20 to $13.32 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.