Filing Details

Accession Number:
0001181431-15-006201
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-04-29 14:55:49
Reporting Period:
2015-04-27
Filing Date:
2015-04-29
Accepted Time:
2015-04-29 14:55:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
317788 Digital Turbine Inc. APPS Patent Owners & Lessors (6794) 222267658
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1409017 Peter Guber 1300 Guadalupe Street
Suite 302
Austin TX 78701
Yes No No No
1409018 Trust Family Guber 1300 Guadalupe Street
Suite 302
Austin TX 78701
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-04-27 666,667 $1.25 3,999,810 No 4 X Indirect See footnote 2.
Common Stock Disposition 2015-04-27 214,432 $3.89 3,785,378 No 4 S Indirect See footnote 2.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Indirect See footnote 2.
No 4 S Indirect See footnote 2.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common Stock Warrant (right to buy) Disposition 2015-04-27 666,667 $0.00 666,667 $1.25
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2010-06-21 2015-06-21 No 4 X Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Common Stock Warrant (right to buy) $3.50 2014-04-12 2018-04-12 35,714 35,714 Indirect
Common Stock Employee stock options (right to buy) $13.75 2008-06-18 2018-06-18 100,000 100,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-04-12 35,714 35,714 Indirect
2018-06-18 100,000 100,000 Direct
Footnotes
  1. In his capacity as a trustee of the Guber Family Trust (the "Trust"), Peter Guber exercised a warrant to purchase 666,667 shares of Issuer's common stock at a purchase price of $1.25 per share and paid the exercise price on a cashless basis. Issuer withheld 214,432 warrant shares to pay the exercise price and issued the remaining 452,235 shares to the Trust. Issuer also paid $2.41 to the Trust in lieu of a fractional share.
  2. Beneficial ownership: 212,800 shares are held by Peter Guber and 3,572,678 shares are held by the Trust of which Mr. Guber is a trustee. Mr. Guber disclaims beneficial ownership of shares held by the Trust except to the extent of his pecuniary interest therein.
  3. Warrants owned by the Trust.