Ronald Konezny - 29 Nov 2022 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
Issuer symbol
DGII
Transactions as of
29 Nov 2022
Net transactions value
-$181,262
Form type
4
Filing time
01 Dec 2022, 15:54:01 UTC
Previous filing
28 Nov 2022
Next filing
07 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DGII Common Stock Award $0 +23,351 +4.3% $0.000000 570,452 29 Nov 2022 Direct F1
transaction DGII Common Stock Award $0 +100,000 +18% $0.000000 670,452 29 Nov 2022 Direct F2
transaction DGII Common Stock Tax liability $181,262 -4,268 -0.64% $42.47 666,184 30 Nov 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units scheduled to vest in four substantially equal increments on each of November 29, 2023, 2024, 2025 and 2026.
F2 Restricted stock units that vest as follows: 60,000 vest upon completion of year 3, 20,000 vest after completion of year 4 and 20,000 vest after completion of year 5.