Mohan S. Gyani - Jul 31, 2021 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Role
Director
Signature
/s/ Mohan S. Gyani
Stock symbol
APPS
Transactions as of
Jul 31, 2021
Transactions value $
$0
Form type
4
Date filed
8/24/2021, 02:34 PM
Previous filing
Jun 16, 2021
Next filing
Jul 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPS Common Stock Award $0 +3.02K $0.00 3.02K Jul 31, 2021 Direct F1, F2
holding APPS Common Stock 374K Jul 31, 2021 See Footnote F3, F4
* 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.
F3 Includes 153,920 shares that were previously held directly and have been transferred to the trust.
F4 Shares are held by a trust, of which the Reporting Person is trustee. Reporting Person disclaims beneficial ownership of Shares held by the trust except to the extent of their pecuniary interest therein.