William Gordon Stone III - Jul 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: Jul 6, 2022
Transactions value $: -$788,336
Form type: 4
Date filed: 7/11/2022, 09:35 AM
Previous filing: Jul 5, 2022
Next filing: Jul 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPS	Common Stock	Options Exercise	$143K	+100K	+6.55%	$1.43^*	1.63M	Jul 6, 2022	Direct
transaction	APPS	Common Stock	Tax liability	-$788K	-44.2K	-2.72%	$17.83	1.58M	Jul 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	-$143K	-100K	-100%	$1.43^*	0	Jul 6, 2022	Common Stock	100K	$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.