Deborah L. Ferree - Mar 26, 2022 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role
Pres. Camuto Group; Vice Chair
Signature
Michelle Krall, Attorney-in-Fact
Stock symbol
DBI
Transactions as of
Mar 26, 2022
Transactions value $
-$664,239
Form type
4
Date filed
3/29/2022, 06:35 PM
Previous filing
Mar 28, 2022
Next filing
May 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBI Class A Common Shares Options Exercise $0 +107K +56.06% $0.00 298K Mar 26, 2022 Direct
transaction DBI Class A Common Shares Tax liability -$664K -48.5K -16.29% $13.69 249K Mar 26, 2022 Direct F1

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 Dividend Equivalent Rights Options Exercise $0 -7.44K -55.91% $0.00 5.87K Mar 26, 2022 Class A Common Shares 7.44K Direct F2
transaction DBI Restricted Stock Unit Options Exercise $0 -99.5K -100% $0.00* 0 Mar 26, 2022 Class A Common Shares 99.5K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Holdings have been adjusted to reconcile historical errors with respect to the insider's aggregate ownership amounts and reflect the insider's current holdings following the transactions described in this report.
F2 The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) and become exercisable proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of Issuer's Class A common stock.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.