0001628280-23-032543.txt : 20230919 0001628280-23-032543.hdr.sgml : 20230919 20230919172500 ACCESSION NUMBER: 0001628280-23-032543 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230522 FILED AS OF DATE: 20230919 DATE AS OF CHANGE: 20230919 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STONE WILLIAM GORDON III CENTRAL INDEX KEY: 0001592491 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-35958 FILM NUMBER: 231264744 MAIL ADDRESS: STREET 1: 2811 CAHUENGA BOULEVARD WEST CITY: LOS ANGELES STATE: CA ZIP: 90068 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Digital Turbine, Inc. CENTRAL INDEX KEY: 0000317788 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 222267658 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 111 NUECES STREET CITY: AUSTIN STATE: TX ZIP: 78701 BUSINESS PHONE: (512) 387-7717 MAIL ADDRESS: STREET 1: 111 NUECES STREET CITY: AUSTIN STATE: TX ZIP: 78701 FORMER COMPANY: FORMER CONFORMED NAME: Mandalay Digital Group, Inc. DATE OF NAME CHANGE: 20120207 FORMER COMPANY: FORMER CONFORMED NAME: NeuMedia, Inc. DATE OF NAME CHANGE: 20100514 FORMER COMPANY: FORMER CONFORMED NAME: Mandalay Media, Inc. DATE OF NAME CHANGE: 20071109 4/A 1 wk-form4a_1695158690.xml FORM 4/A X0508 4/A 2023-05-22 2023-05-25 0 0000317788 Digital Turbine, Inc. APPS 0001592491 STONE WILLIAM GORDON III 110 SAN ANTONIO STREET SUITE 160 AUSTIN TX 78701 1 1 0 0 Chief Executive Officer 0 Common Stock 2023-05-22 4 A 0 106198 0 A 1717248 D Employee Stock Options (right to buy) 14.36 2023-05-22 4 A 0 156893 14.36 A 2024-05-22 2033-05-25 Common Stock 156893 156893 D Performance Stock Units 0 2023-05-22 4 A 0 212396 0 A 2026-05-22 Common Stock 212396 212396 D RSUs vest over four years. One-fourth of the RSUs vest on the first anniversary of the grant date (i.e., the date indicated). The balance vest proportionately each quarter during the remaining three years. Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan. Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2020 Equity Incentive Plan. Options vest over four years. 25% of the Options vest on the first anniversary of the grant date (i.e., the date indicated), and the balance vests proportionately each quarter over the remaining three years. Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan. This is a target only. The value of PSUs is tied to satisfaction of certain performance criteria (other than the price of Issuer's common stock) determined after the close of FY2026. Reporting Person may acquire shares of Issuer's common stock to the extent that the performance criteria are satisfied. The actual number of shares ultimately deliverable ranges from -0- to 236,909 (subject to any subsequent stock splits and the like). Not applicable On May 22, 2023, the reporting person was granted a combination of equity awards under the Company's 2020 Equity Incentive Plan (the "Plan") comprised of stock options, time-vesting restricted stock units, performance-vesting restricted stock units based on certain performance metrics, and performance-vesting restricted stock units based on certain other performance metrics. Although the aggregate number of shares underlying such awards could theoretically exceed the annual 500,000 share limit under the Plan if the Company achieved certain performance targets, the Plan provides that any award that includes shares in excess of the Plan's limitations shall be void with respect to such excess shares. This amendment to Form 4 is being filed to amend and restate the entire original Form 4 filing to reflect such voiding of PSUs under the terms of the Plan. /s/ William Gordon Stone III 2023-09-19