DOUGLAS M. HOWE - 30 May 2023 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role
CEO, Director
Signature
Michelle Krall, Attorney-in-Fact
Issuer symbol
DBI
Transactions as of
30 May 2023
Net transactions value
-$284,719
Form type
4
Filing time
01 Jun 2023, 10:20:26 UTC
Previous filing
18 Apr 2023
Next filing
13 Jul 2023
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 +137,682 $0.000000 137,682 30 May 2023 Direct
transaction DBI Class A Common Shares Tax liability $284,719 -42,944 -31% $6.63 94,738 30 May 2023 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 Dividend Equivalent Rights Options Exercise $0 -2,461 -23% $0.000000 8,078 30 May 2023 Class A Common Shares 2,461 Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -135,221 -33% $0.000000 270,444 30 May 2023 Class A Common Shares 135,221 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 unit vests one-third per year beginning on the first anniversary of the date of grant.