Barrett Garrison - Jun 1, 2021 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Role
Executive Vice President, CFO
Signature
/s/ Barrett Garrison
Stock symbol
APPS
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/3/2021, 07:22 PM
Previous filing
Dec 17, 2021
Next filing
Mar 4, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPS Common Stock Award $0 +14.8K +6.41% $0.00 245K Jun 1, 2021 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 Performance Stock Units Award $0 +7.38K $0.00 7.38K Jun 1, 2021 Common Stock 7.38K $0.00 Direct F3, F4, F5
transaction APPS Employee Stock Options (right to buy) Award $0 +12.7K $0.00 12.7K Jun 1, 2021 Common Stock 12.7K $67.71 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
F2 RSUs vest over four years. One-fourth of the RSUs vest on the first anniversary of the grant date (i.e., the date indicated). The balance vest proportionately each month during the remaining three years following such first anniversary.
F3 Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
F4 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 FY2024. 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 14,768 (subject to any subsequent stock splits and the like).
F5 Not applicable
F6 Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2020 Equity Incentive Plan.
F7 Options vest over four years. One-fourth of the Options vest on the first anniversary of the grant date (i.e., the date indicated in Column 3 of Table II), and the balance vests proportionately each month during the remaining three years following such first anniversary.