Senthilkumaran Kanagaratnam - 22 May 2025 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Role
Chief Technology Officer
Signature
/s/ Senthilkumaran Kanagaratnam
Issuer symbol
APPS
Transactions as of
22 May 2025
Net transactions value
+$597,846
Form type
4
Filing time
28 May 2025, 17:01:36 UTC
Previous filing
08 May 2025
Next filing
04 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kanagaratnam Senthilkumaran Chief Technology Officer 110 SAN ANTONIO ST, SUITE 160, AUSTIN /s/ Senthilkumaran Kanagaratnam 28 May 2025 0001953001

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPS Common Stock Tax liability $2,153 -486 -0.36% $4.43 136,406 22 May 2025 Direct F1

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) Award $599,999 +185,185 $3.24 185,185 23 May 2025 Common Stock 185,185 $3.24 Direct F2, F3, F4
transaction APPS Performance Stock Units Award $0 +137,615 $0.000000 137,615 23 May 2025 Common Stock 137,615 $0.000000 Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No corresponding shares of common stock were issued in connection with this transaction. Units were disposed upon vesting in lieu of taxes owed.
F2 Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2020 Equity Incentive Plan.
F3 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 quarter during the remaining two years.
F4 Stock options expire ten years from the grant date of May 23, 2025.
F5 Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
F6 This is a target only. The value of the performance-based restricted units ("PSUs") is tied to satisfaction of certain performance criteria determined after the close of FY2028. 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 137,615 (subject to any subsequent stock splits and the like).
F7 Not applicable