Ron Konezny, Digi International Inc. president, CEO

Total compensation: $1,774,863 for the year ended Sept. 30, 2016

Salary: $465,000

Nonequity incentive pay: $776,550

Other compensation: $11,375

Value realized on vesting shares: $521,938

New stock options: 131,250

Total shareholder return: -3.3 percent

Note: Konezny took home $1.8 million including a $776,550 annual incentive bonus after exceeding quarterly and annual targets for the year. A month ago, Digi received an unsolicited $380 million takeover bid from St. Louis-based Belden Inc., a signal transmission solutions provider. Digi’s board subsequently rejected the takeover bid. Konezny has a “double trigger” change-in-control agreement. Digi would have to be acquired and Konezny would have to be terminated before his change-in-control severance package would kick in. But should Belden, or another suitor, succeed in taking over Minnetonka-based Digi, Konezny would be eligible for a severance worth approximately $4 million.