Jay L. Schottenstein - Mar 26, 2022 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
Mar 26, 2022
Transactions value $
-$161,816
Form type
4
Date filed
3/29/2022, 06:35 PM
Previous filing
Mar 28, 2022
Next filing
Apr 1, 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 +76.4K +11.08% $0.00 766K Mar 26, 2022 Direct
transaction DBI Class A Common Shares Tax liability -$162K -11.8K -1.54% $13.69 754K Mar 26, 2022 Direct
holding DBI Class A Common Shares 1.86M Mar 26, 2022 By Jubilee Limited Partnership
holding DBI Class A Common Shares 630K Mar 26, 2022 By Schottenstein RVI, LLC
holding DBI Class A Common Shares 147K Mar 26, 2022 By Trusts
holding DBI Class A Common Shares 1.27M Mar 26, 2022 Schottenstein Realty LLC
holding DBI Class A Common Shares 237K Mar 26, 2022 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 Dividend Equivalent Rights Options Exercise $0 -5.32K -65.39% $0.00 2.81K Mar 26, 2022 Class A Common Shares 5.32K Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -71.1K -100% $0.00* 0 Mar 26, 2022 Class A Common Shares 71.1K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.