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

Role
Executive Chairman, Director, 10%+ Owner
Signature
Michelle Krall, Attorney-in-Fact
Issuer symbol
DBI
Transactions as of
08 Sep 2021
Net transactions value
-$566,689
Form type
4
Filing time
10 Sep 2021, 11:35:46 UTC
Previous filing
12 Aug 2021
Next filing
17 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 +104,166 +17% $0.000000 732,319 08 Sep 2021 Direct
transaction DBI Class A Common Shares Tax liability $566,689 -42,866 -5.9% $13.22 689,453 08 Sep 2021 Direct
holding DBI Class A Common Shares 629,524 08 Sep 2021 By Schottenstein RVI, LLC
holding DBI Class A Common Shares 146,668 08 Sep 2021 By Trusts
holding DBI Class A Common Shares 1,273,099 08 Sep 2021 Schottenstein Realty LLC
holding DBI Class A Common Shares 236,528 08 Sep 2021 Schottenstein SEI, LLC

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 -104,166 -25% $0.000000 312,501 08 Sep 2021 Class A Common Shares 104,166 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.