Ronald Konezny - Nov 29, 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
Stock symbol
DGII
Transactions as of
Nov 29, 2022
Transactions value $
-$181,262
Form type
4
Date filed
12/1/2022, 03:54 PM
Previous filing
Nov 28, 2022
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DGII Common Stock Award $0 +23.4K +4.27% $0.00 570K Nov 29, 2022 Direct F1
transaction DGII Common Stock Award $0 +100K +17.53% $0.00 670K Nov 29, 2022 Direct F2
transaction DGII Common Stock Tax liability -$181K -4.27K -0.64% $42.47 666K Nov 30, 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.