SEC Form 4 · accession 0001144204-16-116263
Digital Turbine, Inc. · APPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert M Deutschman
Director
Period of report
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 4:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000317788
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 1, 2016 | A | 79,091 | $0.00 | A | 540,267 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of shares of restricted common stock pursuant to the Issuer's 2011 Equity Incentive Plan. Such shares were issued pursuant to the non-employee director annual compensation program for the service period from August 1, 2016 to July 31, 2017 and, with respect to services as chair of the audit committee, the service period from August 1, 2015 to July 31, 2016. The shares vest in four equal quarterly increments on November 1, 2016, February 1, 2016, May 1, 2017 and August 1, 2017.
- F2Of such Shares, 294,268 are held by the Robert and Ellen Deutschman Family Trust (the "Trust"), of which the Reporting Person is trustee. Reporting Person disclaims beneficial ownership of Shares held by the Trust except to the extent of his pecuniary interest therein.