STERLING MICHELLE M 4
4 · Digital Turbine, Inc. · Filed Aug 4, 2020
Insider Transaction Report
Form 4
STERLING MICHELLE M
Director
Transactions
- Award
Common Stock
2020-07-31+6,691→ 18,890 total
Holdings
- 13,640(indirect: See Footnote)
Common Stock
Footnotes (3)
- [F1]Grant of of restricted common stock units (the "Shares") pursuant to Issuer's Amended and Restated 2011 Equity Incentive Plan. Such Shares were granted as part of Reporting Person's compensation for services as a non-employee director of Issuer for the period August 1, 2020 through July 31, 2021.
- [F2]The Shares vest in four equal quarterly increments on November 1, 2020, February 1, 2021, May 1, 2021 and August 1, 2021. The last quarter of unvested shares will automatically vest as of the annual meeting of stockholders if Reporting Person either is not re-elected or is not nominated for re-election, and the annual meeting occurs before the final vesting of the grant.
- [F3]Shares are held by a trust, of which the Reporting Person is trustee. Reporting Person disclaims beneficial ownership of Shares held by the trust except to the extent of his pecuniary interest therein.