William Gordon Stone III - 21 Jun 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: 21 Jun 2023
Net transactions value: -$601,063
Form type: 4
Filing time: 23 Jun 2023, 13:27:49 UTC
Previous filing: 06 Jun 2023
Next filing: 05 Jul 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	$411,000	+100,000	+6%	$4.11	1,780,331	21 Jun 2023	Direct
transaction	APPS	Common Stock	Tax liability	$601,063	-67,233	-3.8%	$8.94	1,713,098	21 Jun 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	$411,000	-100,000	-50%	$4.11	100,000	21 Jun 2023	Common Stock	100,000	$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.