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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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) 12/20/1999 (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 12/20/1999   A(1)(2)   0 (1) A $ 0 698,472 D   Common Stock 05/05/2000   S(2)   5,500 D $ 16.9752 692,972 D   Common Stock 05/08/2000   S(2)   4,500 D $ 15.9424 688,472 D   Common Stock 05/16/2000   S(2)   5,000 D $ 17.891 683,472 D   Common Stock 12/19/2001   G(2)   8,000 D $ 0 675,472 D   Common Stock 05/21/2004   G(2)   1,544 D $ 0 674,378 D   Common Stock 09/17/2007   M   6,200 A $ 5.125 680,578 D   Common Stock 09/17/2007   M   7,200 A $ 13.92 687,778 D   Common Stock 09/17/2007   M   7,450 A $ 10.5 695,228 D   Common Stock 09/17/2007   M   6,350 A $ 22.98 701,578 D   Common Stock 09/17/2007   M   2,800 A $ 35.11 704,378 D   Common Stock 09/17/2007   S(3)   100 D $ 44.1 704,278 D   Common Stock 09/17/2007   S(3)   99 D $ 44.09 704,179 D   Common Stock 09/17/2007   S(3)   300 D $ 44.06 703,879 D   Common Stock 09/17/2007   S(3)   700 D $ 43.98 703,179 D   Common Stock 09/17/2007   S(3)   900 D $ 43.97 702,279 D   Common Stock 09/17/2007   S(3)   100 D $ 43.93 702,179 D   Common Stock 09/17/2007   S(3)   200 D $ 43.91 701,979 D   Common Stock 09/17/2007   S(3)   200 D $ 43.9 701,779 D   Common Stock 09/17/2007   S(3)   100 D $ 43.82 701,679 D   Common Stock 09/17/2007   S(3)   100 D $ 43.81 701,579 D   Common Stock 09/17/2007   S(3)   100 D $ 43.77 701,479 D   Common Stock 09/17/2007   S(3)   400 D $ 44.76 701,079 D   Common Stock 09/17/2007   S(3)   200 D $ 43.74 700,879 D   Common Stock 09/17/2007   S(3)   200 D $ 43.73 700,679 D   Common Stock 09/17/2007   S(3)   500 D $ 43.71 700,179 D   Common Stock 09/17/2007   S(3)   904 D $ 43.7 699,275 D   Common Stock 09/17/2007   S(3)   797 D $ 43.69 698,478 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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

Stock Option (Right to Buy)

$ 5.125

09/17/2007

M

6,200

(4)

02/21/2011

Common Stock

6,200

$ 0

152,882

D

Stock Option (Right to Buy)

$ 13.92

09/17/2007

M

7,200

(4)

02/08/2012

Common Stock

7,200

$ 0

178,417

D

Stock Option (Right to Buy)

$ 10.5

09/17/2007

M

7,450

(4)

02/13/2013

Common Stock

7,450

$ 0

185,100

D

Stock Option (Right to Buy)

$ 22.98

09/17/2007

M

6,350

(5)

02/09/2014

Common Stock

6,350

$ 0

178,598

D

Stock Option (Right to Buy)

$ 35.11

09/17/2007

M

2,800

(5)

02/10/2016

Common Stock

2,800

$ 0

194,400

D

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		09/19/2007
**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).
(1)	Corrects the description of the number of shares transferred to the reporting person from 1,060,882 to 1,058,882 actually received in connection with a liquidating transaction by Tech Squared, Inc. of which reporting person may have been deemed to be a controlling stockholder, which was previously reported on a Form 5 in February of 2000.
(2)	The transaction is being reported to reflect miscellaneous transactions or corrections to previously reported transactions that were discovered in connection with a recent property settlement involving the reporting person.
(3)	The sales reported on this Form 4 were effectuated pursuant to a 10b5-1 plan adopted by the reporting person on 8/3/07.
(4)	All of the shares subject to the option were vested and exercisable as of the date of the transaction.
(5)	The option vests quarterly over four years beginning on the date of grant.
Remarks: One of Four

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