Jay L. Schottenstein - Sep 8, 2021 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role
Executive Chairman, Director, 10%+ Owner
Signature
Michelle Krall, Attorney-in-Fact
Stock symbol
DBI
Transactions as of
Sep 8, 2021
Transactions value $
-$566,689
Form type
4
Date filed
9/10/2021, 11:35 AM
Previous filing
Aug 12, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBI Class A Common Shares Options Exercise $0 +104K +16.58% $0.00 732K Sep 8, 2021 Direct
transaction DBI Class A Common Shares Tax liability -$567K -42.9K -5.85% $13.22 689K Sep 8, 2021 Direct
holding DBI Class A Common Shares 630K Sep 8, 2021 By Schottenstein RVI, LLC
holding DBI Class A Common Shares 147K Sep 8, 2021 By Trusts
holding DBI Class A Common Shares 1.27M Sep 8, 2021 Schottenstein Realty LLC
holding DBI Class A Common Shares 237K Sep 8, 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 -104K -25% $0.00 313K Sep 8, 2021 Class A Common Shares 104K 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.