Edward R. Rosenfeld - Feb 1, 2022 Form 4 Insider Report for STEVEN MADDEN, LTD. (SHOO)

Signature
/s/ Mike Lomenzo, Attorney-in-Fact for Edward R. Rosenfeld
Stock symbol
SHOO
Transactions as of
Feb 1, 2022
Transactions value $
-$292,032
Form type
4
Date filed
2/2/2022, 04:01 PM
Previous filing
Jan 4, 2022
Next filing
Mar 3, 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 Award $0 +60.5K +8.15% $0.00 803K Feb 1, 2022 Direct F1
transaction SHOO Common Stock, par value $0.0001 per share Tax liability -$292K -7.07K -0.88% $41.30 796K Feb 1, 2022 Direct F2
holding SHOO Common Stock, par value $0.0001 per share 235K Feb 1, 2022 By Rosenfeld 2021 Family Trust F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a restricted stock grant made by the Company to the reporting person on February 1, 2022 under the Steven Madden, Ltd. 2019 Incentive Compensation Plan (the "Plan"), which stock will vest and ceased to be restricted stock in five annual installments of (a) 12,106, (b) 12,106, (c) 12,106, (d) 12,107, and (e) 12,107 respectively, commencing on February 1, 2023, and until fully vested will be subject to forfeiture pursuant to the terms of the Plan and the award agreement.
F2 Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 17,500 shares of restricted common stock of Steven Madden, Ltd.
F3 The Rosenfeld 2021 Family Trust, a grantor trust, is for the benefit of the reporting person's spouse and children. The reporting person's spouse is the sole trustee of the trust.
F4 The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purposes.