Mark Haley - 23 Mar 2024 Form 4 Insider Report for Designer Brands Inc. (DBI)

Signature
Katherine Alfano, Attorney-in-Fact
Issuer symbol
DBI
Transactions as of
23 Mar 2024
Net transactions value
-$42,131
Form type
4
Filing time
26 Mar 2024, 17:39:13 UTC
Previous filing
19 Jan 2024
Next filing
28 Mar 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 +13,482 +42% $0.000000 45,667 23 Mar 2024 Direct
transaction DBI Class A Common Shares Tax liability $42,131 -3,755 -8.2% $11.22 41,912 23 Mar 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 -477 -30% $0.000000 1,114 23 Mar 2024 Class A Common Shares 477 Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -13,005 -100% $0.000000* 0 23 Mar 2024 Class A Common Shares 13,005 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.

Remarks:

EXHIBIT INDEX Exhibit 24-Substitute Power of Attorney