Digital Turbine, Inc. — Director's Dealing 2015

Nov 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Digital Turbine, Inc. (APPS)
CIK: 0000317788
Period of Report: 2015-11-04

Reporting Person: SCHAEFFER PAUL M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-04	Common Stock	A	31788	$0.00	Acquired	504889	Indirect

Footnotes

F1: Pro rata grant of shares of restricted common stock (the "Shares") pursuant to Issuer's Amended and Restated 2011 Equity Incentive Plan.
The Shares are part of Reporting Person's compensation for services as a director of Issuer for the period August 1, 2015 through July 31, 2016.

F2: Shares are one-quarter vested as of the date of grant. The balance vest one-quarter on each of January 31, 2016, April 30, 2016, and July 31, 2016.

F3: Beneficial ownership: 276,635 shares are held by Reporting Person and 228,254 shares are held by the Paul and Judy Schaeffer Living Trust (the "Trust"). Reporting Person disclaims beneficial ownership of shares held by the Trust except to the extent of his pecuniary interest therein.