4//SEC Filing
Digital Turbine, Inc. 4
Accession 0001181431-15-006201
$APPSCIK 0000317788operating
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 2:55 PM ET
Size
13.5 KB
Accession
0001181431-15-006201
Insider Transaction Report
Form 4
GUBER PETER
Director10% Owner
Transactions
- Exercise of In-Money
Common Stock Warrant (right to buy)
2015-04-27−666,667→ 0 total(indirect: See footnote 3.)Exercise: $1.25From: 2010-06-21Exp: 2015-06-21→ Common Stock (666,667 underlying) - Exercise of In-Money
Common Stock
2015-04-27$1.25/sh+666,667$833,334→ 3,999,810 total(indirect: See footnote 2.) - Sale
Common Stock
2015-04-27$3.89/sh−214,432$833,283→ 3,785,378 total(indirect: See footnote 2.)
Holdings
- 100,000
Employee stock options (right to buy)
Exercise: $13.75From: 2008-06-18Exp: 2018-06-18→ Common Stock (100,000 underlying) - 35,714(indirect: See footnote 3.)
Common Stock Warrant (right to buy)
Exercise: $3.50From: 2014-04-12Exp: 2018-04-12→ Common Stock (35,714 underlying)
GUBER FAMILY TRUST
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2015-04-27$1.25/sh+666,667$833,334→ 3,999,810 total(indirect: See footnote 2.) - Sale
Common Stock
2015-04-27$3.89/sh−214,432$833,283→ 3,785,378 total(indirect: See footnote 2.) - Exercise of In-Money
Common Stock Warrant (right to buy)
2015-04-27−666,667→ 0 total(indirect: See footnote 3.)Exercise: $1.25From: 2010-06-21Exp: 2015-06-21→ Common Stock (666,667 underlying)
Holdings
- 100,000
Employee stock options (right to buy)
Exercise: $13.75From: 2008-06-18Exp: 2018-06-18→ Common Stock (100,000 underlying) - 35,714(indirect: See footnote 3.)
Common Stock Warrant (right to buy)
Exercise: $3.50From: 2014-04-12Exp: 2018-04-12→ Common Stock (35,714 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]Warrants owned by the Trust.
Documents
Issuer
Digital Turbine, Inc.
CIK 0000317788
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000317788
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 2:55 PM ET
- Size
- 13.5 KB