John W Schmidt - 06 May 2024 Form 4 Insider Report for CALERES INC (CAL)

Signature
Thomas C. Burke, Attny in Fact for John W Schmidt
Issuer symbol
CAL
Transactions as of
06 May 2024
Net transactions value
-$953,168
Form type
4
Filing time
08 May 2024, 16:43:25 UTC
Previous filing
25 Mar 2024
Next filing
15 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAL Common Stock Sale $476,613 -12,666 -3.4% $37.63 361,437 06 May 2024 Direct F1, F2
transaction CAL Common Stock Sale $476,556 -12,666 -3.5% $37.62 348,771 06 May 2024 Direct F1, F3
holding CAL Common Stock 2,500 06 May 2024 By Spouse
holding CAL Common Stock 5,519 06 May 2024 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 October 11, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.26 to $37.90, inclusive. The reporting person undertakes to provide to Caleres, Inc., any security holder of Caleres, Inc., 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 to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.22 to $37.89, inclusive. The reporting person undertakes to provide to Caleres, Inc., any security holder of Caleres, Inc., 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 to this Form 4.