Hess Groos - Jun 16, 2022 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Role: Director
Signature: /s/ Holly Hess Groos
Stock symbol: APPS
Transactions as of: Jun 16, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/16/2022, 06:38 PM
Previous filing: Aug 24, 2021
Next filing: Sep 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPS	Common Stock	Award	$0	+335	+9.94%	$0.00	3.71K	Jun 16, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Grant 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 October 1, 2021, through July 31, 2022.
F2	The Shares granted for the applicable service period vest in four equal quarterly increments on October 31, 2021, January 31, 2022, April 30, 2022, and July 31, 2022, as a result of which seventy-five percent (75%) of such award has vested as of the grant date and the remaining twenty-five percent (25%) will vest on 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 date of the award.

Content

Grant 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 October 1, 2021, through July 31, 2022.

The Shares granted for the applicable service period vest in four equal quarterly increments on October 31, 2021, January 31, 2022, April 30, 2022, and July 31, 2022, as a result of which seventy-five percent (75%) of such award has vested as of the grant date and the remaining twenty-five percent (25%) will vest on 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 date of the award.