Ronald Konezny - 06 Dec 2021 Form 4 Insider Report for DIGI INTERNATIONAL INC (DGII)

Signature
/s/ Joshua L. Colburn, attorney-in-fact for Ronald E. Konezny
Issuer symbol
DGII
Transactions as of
06 Dec 2021
Net transactions value
-$4,415,328
Form type
4
Filing time
08 Dec 2021, 17:07:10 UTC
Previous filing
02 Dec 2021
Next filing
08 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DGII Common Stock Options Exercise $2,697,500 +325,000 +86% $8.30 704,466 06 Dec 2021 Direct
transaction DGII Common Stock Options Exercise $1,657,688 +131,250 +19% $12.63 835,716 06 Dec 2021 Direct
transaction DGII Common Stock Options Exercise $1,771,875 +131,250 +16% $13.50 966,966 06 Dec 2021 Direct
transaction DGII Common Stock Options Exercise $1,290,625 +125,000 +13% $10.32 1,091,966 06 Dec 2021 Direct
transaction DGII Common Stock Tax liability $11,833,015 -519,904 -48% $22.76 572,062 06 Dec 2021 Direct F1

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 -325,000 -100% $0.000000* 0 06 Dec 2021 Common Stock 325,000 $8.30 Direct F2
transaction DGII Employee Stock Option (right to buy) Options Exercise $0 -131,250 -100% $0.000000* 0 06 Dec 2021 Common Stock 131,250 $12.63 Direct F2
transaction DGII Employee Stock Option (right to buy) Options Exercise $0 -131,250 -100% $0.000000* 0 06 Dec 2021 Common Stock 131,250 $13.50 Direct F2
transaction DGII Employee Stock Option (right to buy) Options Exercise $0 -125,000 -100% $0.000000* 0 06 Dec 2021 Common Stock 125,000 $10.32 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares forfeit to satisfy exercise price and tax withholding obligations in connection with a net exercise of options for 325,000 shares, 131,250 shares, 125,000 shares, and 131,250 shares.
F2 Fully vested.