Mark Haley - 17 Jan 2024 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role
SVP, Controller and PAO
Signature
Michelle Krall, Attorney-in-Fact
Issuer symbol
DBI
Transactions as of
17 Jan 2024
Net transactions value
-$62,022
Form type
4
Filing time
19 Jan 2024, 16:08:28 UTC
Previous filing
18 Dec 2023
Next filing
26 Mar 2024
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 +23,426 +145% $0.000000 39,551 17 Jan 2024 Direct
transaction DBI Class A Common Shares Tax liability $62,022 -7,366 -19% $8.42 32,185 17 Jan 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 -461 -22% $0.000000 1,591 17 Jan 2024 Class A Common Shares 461 Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -22,965 -100% $0.000000* 0 17 Jan 2024 Class A Common Shares 22,965 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.