Ronald Konezny - Dec 6, 2021 Form 4 Insider Report for DIGI INTERNATIONAL INC (DGII)

Role
President and CEO, Director
Signature
/s/ Joshua L. Colburn, attorney-in-fact for Ronald E. Konezny
Stock symbol
DGII
Transactions as of
Dec 6, 2021
Transactions value $
-$4,415,328
Form type
4
Date filed
12/8/2021, 05:07 PM
Previous filing
Dec 2, 2021
Next filing
Feb 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DGII Common Stock Options Exercise $2.7M +325K +85.65% $8.30 704K Dec 6, 2021 Direct
transaction DGII Common Stock Options Exercise $1.66M +131K +18.63% $12.63 836K Dec 6, 2021 Direct
transaction DGII Common Stock Options Exercise $1.77M +131K +15.71% $13.50 967K Dec 6, 2021 Direct
transaction DGII Common Stock Options Exercise $1.29M +125K +12.93% $10.33 1.09M Dec 6, 2021 Direct
transaction DGII Common Stock Tax liability -$11.8M -520K -47.61% $22.76 572K Dec 6, 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 -325K -100% $0.00* 0 Dec 6, 2021 Common Stock 325K $8.30 Direct F2
transaction DGII Employee Stock Option (right to buy) Options Exercise $0 -131K -100% $0.00* 0 Dec 6, 2021 Common Stock 131K $12.63 Direct F2
transaction DGII Employee Stock Option (right to buy) Options Exercise $0 -131K -100% $0.00* 0 Dec 6, 2021 Common Stock 131K $13.50 Direct F2
transaction DGII Employee Stock Option (right to buy) Options Exercise $0 -125K -100% $0.00* 0 Dec 6, 2021 Common Stock 125K $10.33 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.