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

Role
Chief Technology Officer
Signature
/s/ Senthilkumaran Kanagaratnam
Stock symbol
APPS
Transactions as of
May 24, 2024
Transactions value $
$0
Form type
4
Date filed
5/29/2024, 04:11 PM
Previous filing
May 23, 2024
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPS Common Stock Other +23.3K +16.93% 161K May 24, 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 -23.3K -100% $0.00* 0 May 24, 2024 Common Stock 23.3K $0.00 Direct F1, F2, F3
transaction APPS Performance Stock Units Award $0 +250K $0.00 250K May 24, 2024 Common Stock 250K $0.00 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).