Jay L. Schottenstein - 08 Sep 2022 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 2022
Net transactions value
-$709,362
Form type
4
Filing time
12 Sep 2022, 16:16:16 UTC
Previous filing
26 Jul 2022
Next filing
11 Oct 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 +104,963 +14% $0.000000 859,016 08 Sep 2022 Direct
transaction DBI Class A Common Shares Tax liability $709,362 -42,350 -4.9% $16.75 816,666 08 Sep 2022 Direct
holding DBI Class A Common Shares 1,864,597 08 Sep 2022 By Jubilee Limited Partnership
holding DBI Class A Common Shares 629,524 08 Sep 2022 By Schottenstein RVI, LLC
holding DBI Class A Common Shares 146,668 08 Sep 2022 By Trusts
holding DBI Class A Common Shares 1,273,099 08 Sep 2022 Schottenstein Realty LLC
holding DBI Class A Common Shares 236,528 08 Sep 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 -796 -6.6% $0.000000 11,183 08 Sep 2022 Class A Common Shares 796 Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -104,167 -33% $0.000000 208,334 08 Sep 2022 Class A Common Shares 104,167 Direct F2, F3
* 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.
F3 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.