Amelia Varela - Nov 9, 2021 Form 4 Insider Report for STEVEN MADDEN, LTD. (SHOO)

Signature
/s/ Mike Lomenzo, Attorney-in-fact for Amelia Varela
Stock symbol
SHOO
Transactions as of
Nov 9, 2021
Transactions value $
-$1,977,750
Form type
4
Date filed
11/10/2021, 05:12 PM
Next filing
Jan 4, 2022

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 $1.79M +75K +40.5% $23.83 260K Nov 9, 2021 Direct
transaction SHOO Common Stock, par value $0.0001 per share Sale -$3.77M -75K -28.83% $50.20 185K Nov 9, 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 -75K -100% $0.00* 0 Nov 9, 2021 Common Stock 75K $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.