Senthilkumaran Kanagaratnam - 24 May 2024 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Role: Chief Technology Officer
Signature: /s/ Senthilkumaran Kanagaratnam
Issuer symbol: APPS
Transactions as of: 24 May 2024
Net transactions value: $0
Form type: 4
Filing time: 29 May 2024, 16:11:35 UTC
Previous filing: 23 May 2024
Next filing: 05 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPS	Common Stock	Other		+23,293	+17%		160,846	24 May 2024	Direct	F1, F2

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	Restricted Stock Units	Other	$0	-23,293	-100%	$0.000000^*	0	24 May 2024	Common Stock	23,293	$0.000000	Direct	F1, F2, F3
transaction	APPS	Performance Stock Units	Award	$0	+250,000		$0.000000	250,000	24 May 2024	Common Stock	250,000	$0.000000	Direct	F2, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported transaction was previously reported as a grant of restricted stock units in Table II of the Form 4 filed on 11/03/2023. The reporting person has elected to report such restricted stock units in Table I rather than Table II and the reported transaction reflects such change in reporting. This adjustment aims to ensure uniformity in the treatment of the Reporting Person's securities, aligning with Issuer's historical reporting, which recognizes RSUs as beneficially owned at the time of their grant.
F2	Not applicable
F3	Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
F4	Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
F5	This is a target only. The value of PSUs is tied to satisfaction of certain performance criteria (other than the price of Issuer's common stock) determined after the close of FY2027. The reporting Person may acquire shares of Issuer's common stock to the extent that the performance criteria are satisfied. The actual number of shares ultimately deliverable ranges from -0- to 250,000 (subject to any subsequent stock splits and the like).