Michael Akkerman - Aug 27, 2024 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Role
Chief Business Officer
Signature
/s/ Michael Akkerman
Stock symbol
APPS
Transactions as of
Aug 27, 2024
Transactions value $
$1,093,750
Form type
4
Date filed
8/29/2024, 05:16 PM
Previous filing
Jun 5, 2024
Next filing
Sep 4, 2024

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 $1.09M +625K $1.75 625K Aug 27, 2024 Common Stock 625K $1.75 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2020 Equity Incentive Plan.
F2 Mr. Akkerman was granted employee stock options on June 3, 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.
F3 Options vest equally each quarter over a two year period.
F4 Stock options expire ten years from the grant date of June 3, 2024.