UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) September 3, 1998
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DIGI INTERNATIONAL INC.
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(Exact name of Registrant as specified in its charter)
DELAWARE 0-17972 41-1532464
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
11001 BREN ROAD EAST
MINNETONKA, MINNESOTA 55343
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (612) 912-3444
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Item 5. OTHER EVENTS.
Digi International Inc., a Delaware corporation (the "Company"),
announced on September 3, 1998 that the Company's Board of Directors has
authorized the Company to purchase up to 1 million shares of its Common Stock,
par value $.01 per share ("Common Stock"), from time to time on the open market
or otherwise. Shares of Common Stock purchased will be used for the Company's
Stock Option Plan and Employee Stock Purchase Plan. The Company has
approximately 15.2 million shares of Common Stock outstanding.
The Company also announced on September 3, 1998 that Jonathon E.
Killmer, Senior Vice President, Chief Financial Officer and Treasurer, will
leave the Company, effective October 30, 1998, to pursue personal interests.
Additional information regarding these announcements is contained
in the Press Release of the Company included herein as an exhibit.
Item 7. EXHIBITS.
99. Press Release of the Company dated September 3, 1998.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
DIGI INTERNATIONAL INC.
Date: September 4, 1998 By /s/ Jonathon E. Killmer
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Jonathon E. Killmer
Senior Vice President, Chief Financial Officer
and Treasurer
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EXHIBIT INDEX
No. Exhibit Page
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99 Press release of the Company dated September 3, Filed
1998. Electronically