Deborah L. Ferree - 08 Sep 2021 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role: Pres. Camuto Group; Vice Chmn
Signature: Michelle Krall, Attorney-in-Fact
Issuer symbol: DBI
Transactions as of: 08 Sep 2021
Net transactions value: -$299,764
Form type: 4
Filing time: 10 Sep 2021, 11:35:36 UTC
Next filing: 29 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DBI	Class A Common Shares	Options Exercise	$0	+50,000	+22%	$0.000000	272,253	08 Sep 2021	Direct
transaction	DBI	Class A Common Shares	Tax liability	$299,764	-22,675	-8.3%	$13.22	249,578	08 Sep 2021	Direct

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	DBI	Restricted Stock Unit	Options Exercise	$0	-50,000	-25%	$0.000000	150,000	08 Sep 2021	Class A Common Shares	50,000		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.
F2	Restricted stock units vest 25% on the first and second anniversaries of the date of grant and 50% on the third anniversary of the date of grant.