Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 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 *
RONNING JOEL A
  2. Issuer Name and Ticker or Trading Symbol
DIGITAL RIVER INC /DE [DRIV]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO
(Last)
(First)
(Middle)
C/O DIGITAL RIVER, INC., 9625 W. 76TH STREET
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2007
(Street)

EDEN PRAIRIE, MN 55344
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 03/12/2007   S   5,000 D $ 52.8057 980,646 D  
Common Stock 03/12/2007   S   5,000 D $ 52.8047 975,646 D  
Common Stock 03/12/2007   S   5,000 D $ 52.8 970,646 D  
Common Stock 03/12/2007   S   5,000 D $ 52.7927 965,646 D  
Common Stock 03/12/2007   S   5,000 D $ 52.7195 960,646 D  
Common Stock 03/12/2007   S   10,000 D $ 52.7 950,646 D  
Common Stock 03/12/2007   S   5,000 D $ 52.6415 945,646 D  
Common Stock 03/12/2007   S   1,000 D $ 52.612 944,646 D  
Common Stock 03/12/2007   S   5,000 D $ 52.606 939,646 D  
Common Stock 03/12/2007   S   5,000 D $ 52.6053 934,646 D  
Common Stock 03/12/2007   S   5,000 D $ 52.585 929,646 D  
Common Stock 03/12/2007   S   1,000 D $ 52.578 928,646 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5715 923,646 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5667 918,646 D  
Common Stock 03/12/2007   S   7,200 D $ 52.55 911,446 D  
Common Stock 03/12/2007   S   1,000 D $ 52.547 910,446 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5464 905,446 D  
Common Stock 03/12/2007   S   1,000 D $ 52.545 904,446 D  
Common Stock 03/12/2007   S   6,600 D $ 52.54 897,846 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5336 892,846 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5292 887,846 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5132 882,846 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5103 877,846 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5084 872,846 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5058 867,846 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5055 862,846 D  
Common Stock 03/12/2007   S   5,000 D $ 52.5051 857,846 D  
Common Stock 03/12/2007   S   3,643 D $ 52.5 854,203 D  
Common Stock 03/12/2007   S   5,000 D $ 52.494 849,203 D  
Common Stock 03/12/2007   S   5,000 D $ 52.4674 844,203 D  

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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

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
RONNING JOEL A
C/O DIGITAL RIVER, INC.
9625 W. 76TH STREET
EDEN PRAIRIE, MN 55344
  X     CEO  

Signatures

 /s/ Kevin L. Crudden, Attorney-in-Fact for Joel A. Ronning   03/14/2007
**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).

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