Akkerman Michael 4
4 · Digital Turbine, Inc. · Filed Aug 29, 2024
Insider Transaction Report
Form 4
Akkerman Michael
Chief Business Officer
Transactions
- Award
Employee Stock Options (right to buy)
2024-08-27$1.75/sh+625,000$1,093,750→ 625,000 totalExercise: $1.75From: 2024-09-03Exp: 2034-06-03→ Common Stock (625,000 underlying)
Footnotes (4)
- [F1]Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2020 Equity Incentive Plan.
- [F2]Mr. Akkerman was granted employee stock options on June 3, 2024 to acquire shares of the Issuer's common stock, contingent on and subject to stockholder approval of an amendment to the Issuer's 2020 Equity Incentive Plan to increase the number of shares available for grant at the 2024 Annual Meeting. On August 27, 2024, the amendment was approved.
- [F3]Options vest equally each quarter over a two year period.
- [F4]Stock options expire ten years from the grant date of June 3, 2024.