William Gordon Stone III - Jun 6, 2022 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Role: Chief Executive Officer, Director
Signature: /s/ William Gordon Stone III
Stock symbol: APPS
Transactions as of: Jun 6, 2022
Transactions value $: -$1,679,095
Form type: 4
Date filed: 6/7/2022, 04:34 PM
Previous filing: Jun 3, 2022
Next filing: Jun 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPS	Common Stock	Options Exercise	$156K	+220K	+16.87%	$0.71^*	1.52M	Jun 6, 2022	Direct
transaction	APPS	Common Stock	Tax liability	-$1.83M	-91.1K	-5.99%	$20.15	1.43M	Jun 6, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	APPS	Employee Stock Options (right to buy)	Options Exercise	$0	-220K	-100%	$0.00^*	0	Jun 6, 2022	Common Stock	220K	$0.71	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan.
F2	Options vest over four years: 50% vest on the 2-year anniversary of the grant date and remaining 50% vest on the 4-year anniversary of the grant date.