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APPS Digital Turbine Inc

1.91
-0.05 (-2.55%)
After Hours
Last Updated: 23:19:08
Delayed by 15 minutes
Share Name Share Symbol Market Type
Digital Turbine Inc NASDAQ:APPS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -2.55% 1.91 1.91 1.98 2.04 1.885 1.92 1,387,321 23:19:08

Statement of Changes in Beneficial Ownership (4)

31/05/2019 9:00pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WESCH DAVID
2. Issuer Name and Ticker or Trading Symbol

Digital Turbine, Inc. [ APPS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CAO
(Last)          (First)          (Middle)

111 NUECES STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

5/21/2019
(Street)

AUSTIN, TX 78701
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options (right to buy)   (1) $3.88   5/21/2019     A      25000       6/21/2019   (2) 5/21/2029   Common Stock   25000   $0.00   25000   (3) D    

Explanation of Responses:
(1)  Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan.
(2)  Options vest over three years in 36 monthly installments beginning June 21, 2019 through June 21, 2022.
(3)  Reporting Person also holds Options to purchase the following shares of common stock: (i) 40,000 shares granted 6/7/2018, (ii) 50,000 shares granted 8/4/2017, (iii) 36,675 shares granted 2/2/2017, (iv) 20,000 shares granted 1/10/2017, (v) 25,000 shares granted 11/2/2016, (vi) 30,000 shares granted 6/9/2016, (vii) 12,250 shares granted 12/9/2015, (viii) 10,000 shares granted 8/3/2015, and (ix) 25,000 shares granted 5/29/2015.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WESCH DAVID
111 NUECES STREET
AUSTIN, TX 78701


CAO

Signatures
/s/ David Wesch 5/31/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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