Jared A. Poff - Jan 17, 2024 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role
EVP, CFO & CAO
Signature
Michelle Krall, Attorney-in-Fact
Stock symbol
DBI
Transactions as of
Jan 17, 2024
Transactions value $
-$169,099
Form type
4
Date filed
1/19/2024, 04:08 PM
Previous filing
Dec 18, 2023
Next filing
Mar 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBI Class A Common Shares Options Exercise $0 +63.9K +33.2% $0.00 256K Jan 17, 2024 Direct
transaction DBI Class A Common Shares Tax liability -$169K -20.1K -7.83% $8.42 236K Jan 17, 2024 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 -1.26K -21.99% $0.00 4.46K Jan 17, 2024 Class A Common Shares 1.26K Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -62.6K -100% $0.00* 0 Jan 17, 2024 Class A Common Shares 62.6K 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.