William Gordon Stone III - Aug 27, 2024 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Role
Chief Executive Officer, Director
Signature
/s/ William Gordon Stone III
Stock symbol
APPS
Transactions as of
Aug 27, 2024
Transactions value $
$1,062,185
Form type
4
Date filed
8/29/2024, 05:13 PM
Previous filing
Aug 23, 2024
Next filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPS Common Stock Tax liability -$7.81K -2.14K -0.14% $3.65 1.57M Aug 27, 2024 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 $1.07M +500K $2.14 500K Aug 27, 2024 Common Stock 500K $2.14 Direct F2, F3, F4, F5
* 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 Mr. Stone was granted employee stock options on May 24, 2024 to acquire shares of the Issuer's common stock, contingent on and subject to stockholder approval of an amendment to the Issuer's 2020 Equity Incentive Plan to increase the number of shares available for grant at the 2024 Annual Meeting. On August 27, 2024, the amendment was approved.
F4 One fourth of the stock options vest on the first anniversary, with the remaining amount vesting proportionally each quarter over a three year period.
F5 Stock options expire ten years from the grant date of May 24, 2024.