Kevin C. Riley - Dec 1, 2021 Form 4 Insider Report for DIGI INTERNATIONAL INC (DGII)

Role
President, Digi SmartSense
Signature
/s/ Joshua L. Colburn, attorney-in-fact
Stock symbol
DGII
Transactions as of
Dec 1, 2021
Transactions value $
-$78,544
Form type
4
Date filed
12/3/2021, 03:16 PM
Previous filing
Nov 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DGII Common Stock Options Exercise $9.27K +781 +0.94% $11.87 83.7K Dec 1, 2021 Direct
transaction DGII Common Stock Options Exercise $80.8K +4.5K +5.38% $17.94 88.2K Dec 1, 2021 Direct
transaction DGII Common Stock Sale -$119K -5.28K -5.99% $22.59 82.9K Dec 1, 2021 Direct F1
transaction DGII Common Stock Options Exercise $206K +11.5K +13.84% $17.94 94.4K Dec 2, 2021 Direct
transaction DGII Common Stock Sale -$255K -11.5K -12.16% $22.23 82.9K Dec 2, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DGII Employee Stock Option (right to buy) Options Exercise $0 -781 -7.69% $0.00 9.38K Dec 1, 2021 Common Stock 781 $11.87 Direct F3
transaction DGII Employee Stock Option (right to buy) Options Exercise $0 -4.5K -13.51% $0.00 28.8K Dec 1, 2021 Common Stock 4.5K $17.94 Direct F4
transaction DGII Employee Stock Option (right to buy) Options Exercise $0 -11.5K -39.79% $0.00 17.4K Dec 2, 2021 Common Stock 11.5K $17.94 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 5,283 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on December 1, 2021 with sale prices ranging from $22.45 to $22.79 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.
F2 Reflects the weighted average price of 11,471 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on December 1, 2021 with sale prices ranging from $22.00 to $22.40 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.
F3 Fully vested.
F4 The option vests as to 25% of the shares on November 27, 2020 and thereafter in 36 monthly installments.