Roy H. Chestnutt - 31 Jul 2021 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Role
Director
Signature
/s/ Roy H. Chestnutt
Issuer symbol
APPS
Transactions as of
31 Jul 2021
Net transactions value
+$72,750
Form type
4
Filing time
19 Aug 2021, 13:31:41 UTC
Previous filing
02 Jun 2021
Next filing
01 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPS Common Stock Award $0 +2,985 +2.9% $0.000000 107,041 31 Jul 2021 Direct F1, F2
transaction APPS Common Stock Purchase $72,750 +1,500 +1.4% $48.50* 108,541 19 Aug 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of of restricted common stock (the "Shares") pursuant to Issuer's 2020 Equity Incentive Plan. Such Shares were granted as part of Reporting Person's compensation for services as a non-employee director of Issuer for the period August 1, 2021 through July 31, 2022.
F2 The Shares vest in four equal quarterly increments on October 31, 2021, January 31, 2022, April 30, 2022, and July 31, 2022. The last quarter of unvested shares will automatically vest as of the annual meeting of stockholders if Reporting Person either is not re-elected or is not nominated for re-election, and the annual meeting occurs before the final vesting of the grant.