Deborah L. Ferree - 13 Oct 2023 Form 4 Insider Report for Designer Brands Inc. (DBI)

Signature
Michelle Krall, Attorney-in-Fact
Issuer symbol
DBI
Transactions as of
13 Oct 2023
Net transactions value
-$400,480
Form type
4
Filing time
17 Oct 2023, 16:36:10 UTC
Previous filing
12 Sep 2023
Next filing
19 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBI Class A Common Shares Sale $12,000 -1,000 -0.34% $12.00 295,813 13 Oct 2023 Direct F1
transaction DBI Class A Common Shares Sale $388,480 -32,000 -11% $12.14 263,813 16 Oct 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by Ms. Ferree on July 10, 2023.
F2 Price represents a weighted average of the sale price. Shares were sold at prices ranging from $12.00 to $12.29. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.