William Gordon Stone III - 08 Nov 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
08 Nov 2022
Net transactions value
-$1,064,515
Form type
4
Filing time
02 Mar 2023, 16:24:04 UTC
Previous filing
01 Nov 2022
Next filing
02 Dec 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 $152,400 +60,000 +3.7% $2.54 1,686,422 08 Nov 2022 Direct
transaction APPS Common Stock Tax liability $364,648 -31,626 -1.9% $11.53 1,654,796 08 Nov 2022 Direct
transaction APPS Common Stock Tax liability $5,026 -468 -0.03% $10.74 1,654,328 28 Feb 2023 Direct
transaction APPS Common Stock Tax liability $4,941 -455 -0.03% $10.86 1,653,873 01 Mar 2023 Direct
transaction APPS Common Stock Options Exercise $177,800 +70,000 +4.2% $2.54 1,723,873 28 Feb 2023 Direct
transaction APPS Common Stock Tax liability $403,663 -37,585 -2.2% $10.74 1,686,288 28 Feb 2023 Direct
transaction APPS Common Stock Options Exercise $177,800 +70,000 +4.2% $2.54 1,756,288 01 Mar 2023 Direct
transaction APPS Common Stock Tax liability $406,968 -37,474 -2.1% $10.86 1,718,814 01 Mar 2023 Direct
transaction APPS Common Stock Sale $387,269 -36,025 -2.1% $10.75 1,682,789 02 Mar 2023 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 -60,000 -30% $0.000000 140,000 08 Nov 2022 Common Stock 60,000 $2.54 Direct F1, F2
transaction APPS Employee Stock Options (right to buy) Options Exercise $0 -70,000 -50% $0.000000 70,000 28 Feb 2023 Common Stock 70,000 $2.54 Direct F1, F2
transaction APPS Employee Stock Options (right to buy) Options Exercise $0 -70,000 -100% $0.000000* 0 01 Mar 2023 Common Stock 70,000 $2.54 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 three years. One-third of the Options vest on the first anniversary of the grant date (i.e., the date indicated), and the balance vests proportionately each month during the remaining two years.