SEC Form 4 · accession 0001209191-17-008159
Digital Turbine, Inc. · APPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Wesch
Officer — Acting CAO
Period of report
Nov 2, 2016
Accepted (ET)
Feb 6, 2017 · 7:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000317788
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F1,F2 | $0.65 | Nov 2, 2016 | A | 25,000 | A | Dec 2, 2016 | Nov 2, 2026 | Common Stock | 25,000 | 25,000 | D |
| Employee Stock Options (right to buy)F1,F2 | $0.70 | Jan 10, 2017 | A | 20,000 | A | Feb 10, 2017 | Jan 10, 2027 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock Options (right to buy)F1,F3 | $0.71 | Feb 2, 2017 | A | 36,675 | A | Feb 2, 2019 | Feb 2, 2027 | Common Stock | 36,675 | 36,675 | D |
Explanation of responses
- F1Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan.
- F2Options vest in equal installments over a period of thirty-six months beginning one month after date of grant. Options will be fully vested on the third anniversary of the grant date.
- F3Options vest over four years: 50% vest on the 2-year anniversary of the grant date and remaining 50% vest on the 4-year anniversary of the grant date.