William Gordon Stone III - 26 May 2023 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
26 May 2023
Net transactions value
-$597,757
Form type
4
Filing time
02 Jun 2023, 19:43:23 UTC
Previous filing
19 Sep 2023
Next filing
06 Jun 2023
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 $565,500 +150,000 +9.3% $3.77 1,761,050 26 May 2023 Direct
transaction APPS Common Stock Tax liability $828,753 -100,699 -5.7% $8.23 1,660,351 26 May 2023 Direct
transaction APPS Common Stock Options Exercise $0 +57,091 +3.4% $0.000000 1,717,442 30 May 2023 Direct F1
transaction APPS Common Stock Tax liability $204,665 -22,466 -1.3% $9.11 1,694,976 30 May 2023 Direct
transaction APPS Common Stock Tax liability $126,064 -13,838 -0.82% $9.11 1,681,138 30 May 2023 Direct
transaction APPS Common Stock Tax liability $3,775 -413 -0.02% $9.14 1,680,725 31 May 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 Performance Stock Units Options Exercise $0 -57,091 -100% $0.000000* 0 30 May 2023 Common Stock 57,091 $0.000000 Direct F1, F4, F5
holding APPS Employee Stock Options (right to buy) 150,000 26 May 2023 Common Stock 150,000 $3.77 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 PSUs vested based on the satisfaction of certain performance criteria (other than the price of Issuer's common stock) determined after the close of FY2023.
F2 Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan.
F3 One-third of the Options vest on the first anniversary of the grant date, which is June 1, 2020. The balance vest proportionately each month thereafter over the following two years from July 1, 2020, through the third anniversary of the grant date, which is June 1, 2022.
F4 Performance Stock Units ("PSUs") granted pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan.
F5 Not applicable