Stephen Andrew Lasher - 23 May 2025 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Signature
/s/ Stephen Andrew Lasher
Issuer symbol
APPS
Transactions as of
23 May 2025
Net transactions value
+$699,999
Form type
4
Filing time
28 May 2025, 17:12:39 UTC
Previous filing
11 Feb 2025
Next filing
10 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lasher Stephen Andrew Chief Financial Officer 110 SAN ANTONIO ST, UNIT 160, AUSTIN /s/ Stephen Andrew Lasher 28 May 2025 0001843094

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 Performance Stock Units Award $0 +160,550 $0.000000 160,550 23 May 2025 Common Stock 160,550 $0.000000 Direct F1, F2, F3
transaction APPS Employee Stock Options (right to buy) Award $699,999 +216,049 $3.24 216,049 23 May 2025 Common Stock 216,049 $3.24 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
F2 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 FY2028. 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 160,550 (subject to any subsequent stock splits and the like).
F3 Not applicable
F4 Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2020 Equity Incentive Plan.
F5 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.
F6 Stock options expire ten years from the grant date of May 23, 2025