Filing Details
- Accession Number:
- 0001179110-11-011874
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-08-08 17:38:39
- Reporting Period:
- 2011-08-04
- Filing Date:
- 2011-08-08
- Accepted Time:
- 2011-08-08 17:38:39
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 854775 | Digi International Inc | DGII | Computer Communications Equipment (3576) | 411532464 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1345537 | A Lawrence Kraft | 11001 Bren Road East Minnetonka MN 55343 | Senior Vp Sales & Marketing | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2011-08-04 | 25,000 | $3.20 | 25,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-08-04 | 25,000 | $14.24 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2011-08-04 | 25,000 | $0.00 | 25,000 | $3.20 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2013-02-13 | No | 4 | M | Direct |
Footnotes
- Reflects the weighted average price of 25,000 shares of common stock of Digi International Inc. sold by the reporting person in multiple transactions on August 4, 2011 with sale prices ranging from $14.20 to $14.37 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.
- The option vested as to 25% of the shares on February 13, 2004, and thereafter in 36 equal installments.
- The Form 4 filed on May 5, 2011 for the reporting person incorrectly stated that the number of derivative securities beneficially owned following the transaction reported on Table II of that form was zero when it should have reflected that 25,000 derivative securities remained beneficially owned.
Billionaire Hedge Funds
