William Gordon Stone III - May 26, 2023 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
May 26, 2023
Transactions value $
-$597,757
Form type
4
Date filed
6/2/2023, 07:43 PM
Previous filing
Sep 19, 2023
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPS Common Stock Options Exercise $566K +150K +9.31% $3.77 1.76M May 26, 2023 Direct
transaction APPS Common Stock Tax liability -$829K -101K -5.72% $8.23 1.66M May 26, 2023 Direct
transaction APPS Common Stock Options Exercise $0 +57.1K +3.44% $0.00 1.72M May 30, 2023 Direct F1
transaction APPS Common Stock Tax liability -$205K -22.5K -1.31% $9.11 1.69M May 30, 2023 Direct
transaction APPS Common Stock Tax liability -$126K -13.8K -0.82% $9.11 1.68M May 30, 2023 Direct
transaction APPS Common Stock Tax liability -$3.77K -413 -0.02% $9.14 1.68M May 31, 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 -57.1K -100% $0.00* 0 May 30, 2023 Common Stock 57.1K $0.00 Direct F1, F4, F5
holding APPS Employee Stock Options (right to buy) 150K May 26, 2023 Common Stock 150K $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