William Gordon Stone III - Jun 21, 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: Jun 21, 2023
Transactions value $: -$601,063
Form type: 4
Date filed: 6/23/2023, 01:27 PM
Previous filing: Jun 6, 2023
Next filing: Jul 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPS	Common Stock	Options Exercise	$411K	+100K	+5.95%	$4.11	1.78M	Jun 21, 2023	Direct
transaction	APPS	Common Stock	Tax liability	-$601K	-67.2K	-3.78%	$8.94	1.71M	Jun 21, 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	-$411K	-100K	-50%	$4.11	100K	Jun 21, 2023	Common Stock	100K	$4.11	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.