SEC Form 4 · accession 0001179110-19-002261
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 19, 2019
Accepted (ET)
Feb 21, 2019 · 5:30 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 19, 2019 | M | 5,042 | $10.81 | A | 48,408 | D | |
| Common StockF1 | Feb 19, 2019 | S | 5,042 | $13.4724 | D | 43,366 | D | |
| Common Stock | Feb 20, 2019 | M | 7,458 | $10.81 | A | 50,824 | D | |
| Common StockF2 | Feb 20, 2019 | S | 33,772 | $13.4376 | D | 17,052 | 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 | $10.81 | Feb 19, 2019 | M | 5,042 | D | — | Nov 20, 2023 | Common Stock | 5,042 | 7,458 | D |
| Employee Stock Option (right to buy)F3 | $10.81 | Feb 20, 2019 | M | 7,458 | D | — | Nov 20, 2023 | Common Stock | 7,458 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 5,042 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on February 19, 2019 with sale prices ranging from $13.45 to $13.50 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 33,772 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on February 20, 2019 with sale prices ranging from $13.40 to $13.525 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.