Digital Turbine, Inc. Annual report pursuant to section 13 and 15(d)

Annual report pursuant to section 13 and 15(d)

Description of Stock Plans (Tables)

Description of Stock Plans (Tables)

12 Months Ended

Mar. 31, 2013

Summary of Equity Compensation Plan, Nonvested Options

A summary of the status of the Company’s 2007 Employee, Director and Consultant Stock Plan equity compensation plan, nonvested options as of March 31, 2013 and 2012 pursuant to the Plan, and changes during the years ended March 31, 2013 and 2012 is presented below:

Options


(in thousands)	Number of Shares		Weighted Average Grant Date Fair Value
Nonvested at March 31, 2012		960	$	9.00

Granted		—	$	—
Vested		—	$	—
Exercised		—	$	—

Nonvested at March 31, 2013		960	$	9.00

Stock Compensation Expense

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:


	Twelve Months Ended March 31, 2013		Twelve Months Ended March 31, 2012
Product development	$	—	$	69
Sales and marketing		—		—
General and administrative		707		7,233

	$	707	$	7,302

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


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

Granted		100	$	4.20
Canceled		67	$	4.20
Forfeited		33	$	4.20
Exercised		—	$	—

Outstanding at March 31, 2013		—	$	—

Exercisable at March 31, 2013		—	$	—

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


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

Granted		300	$	4.20
Canceled		300	$	4.20
Forfeited		—	$	—
Exercised		—	$	—

Outstanding at March 31, 2013		—	$	—

- 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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