Daniel R. Freidman - Aug 31, 2023 Form 4 Insider Report for CALERES INC (CAL)

Role
Chief Sourcing Officer
Signature
Thomas C. Burke, Attny In Fact for Daniel R Friedman
Stock symbol
CAL
Transactions as of
Aug 31, 2023
Transactions value $
-$140,000
Form type
4
Date filed
9/1/2023, 04:32 PM
Previous filing
Mar 20, 2023
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAL Common Stock Sale -$140K -5K -6.15% $28.00 76.3K Aug 31, 2023 Direct F1
holding CAL Common Stock 6.85K Aug 31, 2023 Indirect holding through 401 (k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 11, 2023.