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

Quarterly report pursuant to sections 13 or 15(d)

Description of Stock Plans (Tables)

Description of Stock Plans (Tables)

9 Months Ended

Dec. 31, 2012

Total stock compensation expense for the Company’s 2007 Employee, Director and Consultant Stock Plan equity compensation plan and Amended and Restated 2011 Equity Incentive Plan is included in the following statements of operations components:


	Nine Months Ended December 31, 2012		Nine Months Ended December 31, 2011

Product development	$	—	$	69
Sales and marketing		—		—
General and administrative		630		—

	$	630	$	69

Other Incentive Programs

Summary of Options Granted

The following table summarizes options granted that are not under the Company’s 2011 Equity Incentive Plan for the periods or as of the dates indicated:

Options


	Number of		Weighted Average
(in thousands)	Shares		Exercise Price
Outstanding at March 31, 2012		—	$	—

Granted		1,500	$	0.84
Canceled		—	$	—
Forfeited		—	$	—
Exercised		—	$	—

Outstanding at September 30, 2012		1,500	$	0.84


(in thousands)	Number of Shares		Weighted Average Exercise Price
Granted		—	$	—
Canceled		1,500	$	0.84
Forfeited		—	$	—
Exercised		—	$	—

Outstanding at December 31, 2012		—	$	—

2007 Employee, Director and Consultant Stock Plan equity compensation plan

Summary of Options Granted

The following table summarizes options granted under the Company’s 2007 Employee, Director and Consultant Stock Plan equity compensation plan for the periods or as of the dates indicated:

Option Plans


	Number of		Weighted Average
(in thousands)	Shares		Exercise Price
Outstanding at March 31, 2012		4,798	$	1.80

Granted		—	$	—
Canceled		—	$	—
Forfeited		—	$	—
Exercised		—	$	—

Outstanding at December 31, 2012		4,798	$	1.80

Exercisable at December 31, 2012		4,798	$	1.80

Exercise Price for Options Outstanding and Options Exercisable

The exercise price for options outstanding and options exercisable at December 31, 2012 was as follows:


Range of Exercise Price	Weighted Average Remaining Contractual Life (Years)		Number Outstanding and Exercisable December 31, 2012		Weighted Average Exercise Price		Aggregate Intrinsic Value

$0 - $1.00		3.51		2,698	$	0.47	$	807,598
$2.00 - $3.00		5.47		1,300	$	2.75	$	—
$4.00 - $5.00		5.12		800	$	4.75	$	—

		4.31		4,798	$	1.80	$	807,598

2011 Equity Incentive Plan

Summary of Options Granted

The following table summarizes options granted under the Company’s 2011 Equity Incentive Plan for the periods or as of the dates indicated:

Options


	Number of		Weighted Average
(in thousands)	Shares		Exercise Price
Outstanding at March 31, 2012		—	$	—

Granted		500	$	0.84
Canceled		—	$	—
Forfeited		—	$	—
Exercised		—	$	—

Outstanding at September 30, 2012		500	$	0.84

Granted		—	$	—
Canceled		333	$	0.84
Forfeited		—	$	—
Exercised		—	$	—

Outstanding at December 31, 2012		167	$	0.84

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

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