Terrence G. Schneider - 16 May 2022 Form 4 Insider Report for DIGI INTERNATIONAL INC (DGII)

Signature
/s/ Joshua L. Colburn, attorney-in-fact
Issuer symbol
DGII
Transactions as of
16 May 2022
Net transactions value
-$163,717
Form type
4
Filing time
18 May 2022, 16:29:14 UTC
Previous filing
08 Dec 2021
Next filing
28 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DGII Common Stock Options Exercise $109,600 +10,000 +30% $10.96 42,945 16 May 2022 Direct
transaction DGII Common Stock Sale $273,317 -12,631 -29% $21.64 30,314 16 May 2022 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 -10,000 -100% $0.000000* 0 16 May 2022 Common Stock 10,000 $10.96 Direct F2
* 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 12,631 shares of common stock of Digi International, Inc. sold by the reporting person in multiple transactions on May 16, 2022 with sale prices ranging from $21.49 to $21.815 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 Fully vested.