William Gordon Stone III - Nov 8, 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: Nov 8, 2022
Transactions value $: -$1,064,515
Form type: 4
Date filed: 3/2/2023, 04:24 PM
Previous filing: Nov 1, 2022
Next filing: Dec 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPS	Common Stock	Options Exercise	$152K	+60K	+3.69%	$2.54	1.69M	Nov 8, 2022	Direct
transaction	APPS	Common Stock	Tax liability	-$365K	-31.6K	-1.88%	$11.53	1.65M	Nov 8, 2022	Direct
transaction	APPS	Common Stock	Tax liability	-$5.03K	-468	-0.03%	$10.74	1.65M	Feb 28, 2023	Direct
transaction	APPS	Common Stock	Tax liability	-$4.94K	-455	-0.03%	$10.86	1.65M	Mar 1, 2023	Direct
transaction	APPS	Common Stock	Options Exercise	$178K	+70K	+4.23%	$2.54	1.72M	Feb 28, 2023	Direct
transaction	APPS	Common Stock	Tax liability	-$404K	-37.6K	-2.18%	$10.74	1.69M	Feb 28, 2023	Direct
transaction	APPS	Common Stock	Options Exercise	$178K	+70K	+4.15%	$2.54	1.76M	Mar 1, 2023	Direct
transaction	APPS	Common Stock	Tax liability	-$407K	-37.5K	-2.13%	$10.86	1.72M	Mar 1, 2023	Direct
transaction	APPS	Common Stock	Sale	-$387K	-36K	-2.1%	$10.75	1.68M	Mar 2, 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	-60K	-30%	$0.00	140K	Nov 8, 2022	Common Stock	60K	$2.54	Direct	F1, F2
transaction	APPS	Employee Stock Options (right to buy)	Options Exercise	$0	-70K	-50%	$0.00	70K	Feb 28, 2023	Common Stock	70K	$2.54	Direct	F1, F2
transaction	APPS	Employee Stock Options (right to buy)	Options Exercise	$0	-70K	-100%	$0.00^*	0	Mar 1, 2023	Common Stock	70K	$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.