FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
STONE WILLIAM GORDON III
  2. Issuer Name and Ticker or Trading Symbol
Digital Turbine, Inc. [APPS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last)
(First)
(Middle)
110 SAN ANTONIO STREET, SUITE 160
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2020
(Street)

AUSTIN, TX 78701
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/01/2020(1)   J(1)   33,156 (1) A $ 0 1,010,136 D  
Common Stock 06/01/2020(1)   J(1)   72,674 (1) A $ 0 1,082,810 D  
Common Stock 06/01/2020   A   37,764 (2) (3) A $ 0 1,120,574 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) $ 0 06/01/2020(1)   J(1)     33,156   (4)   (4) Common Stock 33,156.00 $ 0 0 D  
Restricted Stock Units (2) $ 0 06/01/2020(1)   J(1)     72,674   (4)   (4) Common Stock 72,674.00 $ 0 0 D  
Performance Stock Units (5) $ 0 06/01/2020   A   37,764 (6)   06/05/2023   (4) Common Stock 37,764.00 (6) $ 0 37,764 (6) D  
Employee Stock Options (right to buy) (7) (8) $ 6.62 06/01/2020   A   142,315   06/01/2021 06/03/2030 Common Stock 142,315.00 $ 0 142,315 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
STONE WILLIAM GORDON III
110 SAN ANTONIO STREET
SUITE 160
AUSTIN, TX 78701
  X     Chief Executive Officer  

Signatures

 /s/ William Gordon Stone III   06/03/2020
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reported transaction was previously reported as a grant of restricted stock units in Table II of Form 4. The reporting person has elected to report such restricted stock units in Table I rather than Table II and the reported transaction reflects such change in reporting. The total reported in Column 5 now includes the previously reported restricted stock units on Table II as common stock.
(2) Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan.
(3) RSUs vest over three years. One-third of the RSUs vest on the first anniversary of the grant date (i.e., the date indicated). The balance vest proportionately each month during the remaining two years.
(4) Not applicable
(5) Performance Stock Units ("PSUs") granted pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan.
(6) 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 FY2023. 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 75,528 (subject to any subsequent stock splits and the like).
(7) Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan.
(8) Options vest over four years. 25% of the Options vest on the first anniversary of the grant date, and the balance vests proportionately each month during the remaining three years. The date exercisable reflected in Column 6 of Table II reflects the first vesting date (i.e., the first anniversary of the grant date).

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