Digital Turbine, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Capital Stock Transactions (Tables)

Capital Stock Transactions (Tables)

3 Months Ended

Jun. 30, 2018

Schedule of Stockholders' Equity Note, Warrants or Rights

For the three months ended June 30, 2018, the Company issued 150,001 shares of common stock for the exercise of employee optio

Non-Vested Restricted Stock Awards and Activities

The following is a summary of restricted stock awards and activities for all vesting conditions for the three months ended June 30, 2018:



	Number of Shares		Weighted-Average Grant Date Fair Value
Unvested restricted stock outstanding as of March 31, 2018	132,569		1.09
Granted	232,558		1.72
Vested	(66,284	)	1.09
Cancelled	—		—
Unvested restricted stock outstanding as of June 30, 2018	298,843		1.58

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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