William Gordon Stone III - 06 Jul 2022 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Role: Chief Executive Officer, Director
Signature: /s/ William Gordon Stone III
Issuer symbol: APPS
Transactions as of: 06 Jul 2022
Net transactions value: -$788,336
Form type: 4
Filing time: 11 Jul 2022, 09:35:22 UTC
Previous filing: 05 Jul 2022
Next filing: 14 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPS	Common Stock	Options Exercise	$143,000	+100,000	+6.6%	$1.43^*	1,626,274	06 Jul 2022	Direct
transaction	APPS	Common Stock	Tax liability	$788,336	-44,214	-2.7%	$17.83	1,582,060	06 Jul 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	$143,000	-100,000	-100%	$1.43^*	0	06 Jul 2022	Common Stock	100,000	$1.43	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 (i.e., the date indicated), and remaining 50% vest on the 4-year anniversary of the grant date.