X0306 4 2018-07-31 0 0000317788 Digital Turbine, Inc. APPS 0001409754 SCHAEFFER PAUL M MANDALAY ENTERTAINMENT GROUP 4751 WILSHIRE BOULEVARD 3RD FLOOR LOS ANGELES CA 90010 1 0 0 0 Common Stock 2018-07-31 4 A 0 46763 0.00 A 653003 I See Footnote 3. Grant of shares of restricted common stock (the "Shares") pursuant to Issuer's Amended and Restated 2011 Equity Incentive Plan. Such Shares were granted as part of Reporting Person's compensation for services as a non-employee director of Issuer for the period August 1, 2018 through July 31, 2019. The Shares vest in four equal quarterly increments on November 1, 2018, February 1, 2019, May 1, 2019 and August 1, 2019. The last quarter of unvested shares will automatically vest as of the annual meeting of stockholders if Reporting Person either is not re-elected or is not nominated for re-election, and the annual meeting occurs before the final vesting of the grant. Of such Shares, 228,254 shares are held by the Paul and Judy Schaeffer Living Trust (the "Trust"). Reporting Person disclaims beneficial ownership of shares held by the Trust except to the extent of any pecuniary interest therein. /s/ Paul Schaeffer 2018-08-02