SEC Form 4 · accession 0001209191-17-008161
Digital Turbine, Inc. · APPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J. Barrett Garrison
Officer — EVP, CFO
Period of report
Feb 2, 2017
Accepted (ET)
Feb 6, 2017 · 7:48 pm EST
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 | holding | — | — | — | 150,000 | D |
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,F3,F2 | $0.71 | Feb 2, 2017 | A | 135,000 | A | Feb 2, 2019 | Feb 2, 2027 | Common Stock | 135,000 | 135,000 | 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 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.
- F3Reporting Person also holds Options to purchase 450,000 shares of common stock of Issuer.