Roger Rawlins - 08 Sep 2021 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role: Chief Executive Officer, Director
Signature: Michelle Krall, Attorney-in-Fact
Issuer symbol: DBI
Transactions as of: 08 Sep 2021
Net transactions value: -$1,148,911
Form type: 4
Filing time: 10 Sep 2021, 11:35:50 UTC
Next filing: 11 Mar 2022
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	+187,500	+63%	$0.000000	484,285	08 Sep 2021	Direct
transaction	DBI	Class A Common Shares	Tax liability	$1,148,911	-86,907	-18%	$13.22	397,378	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	-187,500	-25%	$0.000000	562,500	08 Sep 2021	Class A Common Shares	187,500		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.