Jay L. Schottenstein - Mar 23, 2023 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 23, 2023
Transactions value $
-$1,049,894
Form type
4
Date filed
3/27/2023, 05:06 PM
Previous filing
Mar 16, 2023
Next filing
Mar 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBI Class A Common Shares Options Exercise $0 +304K +37.21% $0.00 1.12M Mar 24, 2023 Direct
transaction DBI Class A Common Shares Tax liability -$1.05M -123K -11% $8.52 997K Mar 24, 2023 Direct
holding DBI Class A Common Shares 1.86M Mar 23, 2023 By Jubilee Limited Partnership
holding DBI Class A Common Shares 630K Mar 23, 2023 By Schottenstein RVI, LLC
holding DBI Class A Common Shares 187K Mar 23, 2023 By Trusts
holding DBI Class A Common Shares 1.27M Mar 23, 2023 Schottenstein Realty LLC
holding DBI Class A Common Shares 237K Mar 23, 2023 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 Award $0 +176K $0.00 176K Mar 23, 2023 Class A Common Shares 176K Direct F1
transaction DBI Dividend Equivalent Rights Options Exercise $0 -10.2K -57.57% $0.00 7.52K Mar 24, 2023 Class A Common Shares 10.2K Direct F2
transaction DBI Restricted Stock Unit Options Exercise $0 -294K -100% $0.00* 0 Mar 24, 2023 Class A Common Shares 294K Direct F1
* 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 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.