SEC Form 4 · accession 0001181431-15-006201

Digital Turbine, Inc. · APPS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

Director

Director

Period of report

Apr 27, 2015

Accepted (ET)

Apr 29, 2015 · 2:55 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 Stock	Apr 27, 2015	X	666,667	$1.25	A	3,999,810	I	See footnote 2.
Common Stock^F2	Apr 27, 2015	S	214,432	$3.886	D	3,785,378	I	See footnote 2.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Warrant (right to buy)^F3	$1.25	Apr 27, 2015	X	666,667	D	Jun 21, 2010	Jun 21, 2015	Common Stock	666,667	0	I
Common Stock Warrant (right to buy)^F3	$3.50	holding	—	—	—	Apr 12, 2014	Apr 12, 2018	Common Stock	35,714	35,714	I
Employee stock options (right to buy)	$13.75	holding	—	—	—	Jun 18, 2008	Jun 18, 2018	Common Stock	100,000	100,000	D

F1In his capacity as a trustee of the Guber Family Trust (the "Trust"), Peter Guber exercised a warrant to purchase 666,667 shares of Issuer's common stock at a purchase price of $1.25 per share and paid the exercise price on a cashless basis. Issuer withheld 214,432 warrant shares to pay the exercise price and issued the remaining 452,235 shares to the Trust. Issuer also paid $2.41 to the Trust in lieu of a fractional share.
F2Beneficial ownership: 212,800 shares are held by Peter Guber and 3,572,678 shares are held by the Trust of which Mr. Guber is a trustee. Mr. Guber disclaims beneficial ownership of shares held by the Trust except to the extent of his pecuniary interest therein.
F3Warrants owned by the Trust.