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Digital Turbine, Inc. Director's Dealing 2016

Sep 14, 2016

32606_dirs_2016-09-14_0e3e891d-131b-483e-986f-04598fbb0324.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Digital Turbine, Inc. (APPS)
CIK: 0000317788
Period of Report: 2016-09-12

Reporting Person: GARRISON J. BARRETT (EVP, CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-09-12 Employee Stock Options (right to buy) $1.37 A 450000 Acquired 2027-09-12 Common Stock (450000) Direct

Footnotes

F1: Grant of employee stock options (right to buy) to purchase shares of Issuer's common stock (the "Options"). The Options were granted pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan. Such Shares were issued as part of Reporting Person's compensation as described in his employment agreement.

F2: The Options vest over a three year period: 150,000 Options vest on September 12, 2017. Thereafter, 12,500 Options vest monthly for two years. The Options will be fully vested as of September 12, 2019.