David H. Sampsell - Aug 8, 2023 Form 4 Insider Report for DIGI INTERNATIONAL INC (DGII)

Role
VP, CORP. DEV, GC & CORP. SEC.
Signature
/s/ Joshua L. Colburn, Attorney-in-Fact for David Sampsell
Stock symbol
DGII
Transactions as of
Aug 8, 2023
Transactions value $
-$351,864
Form type
4
Date filed
8/10/2023, 05:30 PM
Previous filing
Dec 1, 2022
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DGII Common Stock Options Exercise $73.5K +7.12K +9.42% $10.33 82.7K Aug 8, 2023 Direct
transaction DGII Common Stock Sale -$352K -10.8K -13.08% $32.56 71.9K Aug 8, 2023 Direct F1
transaction DGII Common Stock Options Exercise $140K +6.48K +9.02% $21.53 78.3K Aug 10, 2023 Direct
transaction DGII Common Stock Sale -$213K -6.92K -8.84% $30.73 71.4K Aug 10, 2023 Direct F2

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 -7.12K -100% $0.00* 0 Aug 8, 2023 Common Stock 7.12K $10.33 Direct F3
transaction DGII Employee Stock Option (right to buy) Options Exercise $0 -6.48K -41.67% $0.00 9.07K Aug 10, 2023 Common Stock 6.48K $21.53 Direct F4
* 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 10,817 shares of common stock of Digi International, Inc. sold by the reporting person in multiple transactions on August 8, 2023 with sale prices ranging from $32.53 to $32.62 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 Reflects the weighted average price of 6,922.248 shares of common stock of Digi International, Inc. sold by the reporting person in multiple transactions on August 10, 2023 with sale prices ranging from $30.245 to $31.13 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.
F3 Fully vested.
F4 The option vests as to 25% of the shares on November 30, 2022 and thereafter in 36 monthly installments.