Amelia Varela - 09 Nov 2021 Form 4 Insider Report for STEVEN MADDEN, LTD. (SHOO)

Role: President, Director
Signature: /s/ Mike Lomenzo, Attorney-in-fact for Amelia Varela
Issuer symbol: SHOO
Transactions as of: 09 Nov 2021
Net transactions value: -$1,977,750
Form type: 4
Filing time: 10 Nov 2021, 17:12:41 UTC
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHOO	Common Stock, par value $0.0001 per share	Options Exercise	$1,787,250	+75,000	+41%	$23.83	260,181	09 Nov 2021	Direct
transaction	SHOO	Common Stock, par value $0.0001 per share	Sale	$3,765,000	-75,000	-29%	$50.20	185,181	09 Nov 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SHOO	Stock Option (Right to Buy)	Options Exercise	$0	-75,000	-100%	$0.000000^*	0	09 Nov 2021	Common Stock	75,000	$23.83	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.53 to $50.47, inclusive. The reporting person undertakes to provide to Steven Madden, Ltd. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.53 to $50.47, inclusive. The reporting person undertakes to provide to Steven Madden, Ltd. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.