Form 4 for APPS Digital Turbine, Inc.
Accepted 2023-05-25 00:00:00 ET · period of report 2023-05-22 · accession 0001628280-23-019850 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-25 | 2023-05-22 | APPS | Kanagaratnam Senthilkumaran | CTO | A - Grant | $0.00 | +21.8K | 156.9K | +16% | $0 |
| DM | 2023-05-25 | 2023-05-22 | APPS | Kanagaratnam Senthilkumaran | CTO | A - Grant | $6.10 | +75.7K | 32.1K | New | +$461.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-22 | A | A | 21,762 | $0.00 | 156,897 | D | — | — | (F1) Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan. (F2) 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 over the remaining three years. |
| 2 | Derivative | Performance Stock Units | 2023-05-22 | A | A | 43,524 | $0.00 | 43,524 | D | $0.00 · 2026-05-22 to — | 43,524 Common Stock | (F5) Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan. (F6) 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 87,047 (subject to any subsequent stock splits and the like). (F7) Not applicable |
| 3 | Derivative | Employee Stock Options (right to buy) | 2023-05-22 | A | A | 32,145 | $14.36 | 32,145 | D | $14.36 · 2024-05-22 to 2033-05-22 | 32,145 Common Stock | (F4) 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. (F3) Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2020 Equity Incentive Plan. |