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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(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)
08/05/2005
(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 08/05/2005   S   1,000 D $ 37.867 975,803 D  
Common Stock 08/05/2005   S   2,500 D $ 37.8681 973,303 D  
Common Stock 08/05/2005   S   2,500 D $ 37.8707 970,803 D  
Common Stock 08/05/2005   S   2,500 D $ 37.8729 968,303 D  
Common Stock 08/05/2005   S   1,000 D $ 37.8736 967,303 D  
Common Stock 08/05/2005   S   2,500 D $ 37.8777 964,803 D  
Common Stock 08/05/2005   S   2,500 D $ 37.8795 962,303 D  
Common Stock 08/05/2005   S   2,500 D $ 37.8851 959,803 D  
Common Stock 08/05/2005   S   2,500 D $ 37.8861 957,303 D  
Common Stock 08/05/2005   S   2,500 D $ 37.8909 954,803 D  
Common Stock 08/05/2005   S   1,000 D $ 37.8972 953,803 D  
Common Stock 08/05/2005   S   3,000 D $ 37.91 950,803 D  
Common Stock 08/05/2005   S   1,000 D $ 37.9159 949,803 D  
Common Stock 08/05/2005   S   1,000 D $ 37.93 948,803 D  
Common Stock 08/05/2005   S   1,000 D $ 37.95 947,803 D  
Common Stock 08/05/2005   S   1,000 D $ 37.9599 946,803 D  
Common Stock 08/05/2005   S   1,000 D $ 37.9675 945,803 D  
Common Stock 08/05/2005   S   1,000 D $ 37.9715 944,803 D  
Common Stock 08/05/2005   S   1,000 D $ 37.9951 943,803 D  
Common Stock 08/05/2005   S   1,000 D $ 37.9982 942,803 D  
Common Stock 08/05/2005   S   1,000 D $ 38.006 941,803 D  
Common Stock 08/05/2005   S   1,000 D $ 38.031 940,803 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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/ Michael J. Sullivan, attorney-in-fact for Joel A. Ronning   08/09/2005
**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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.