Jay L. Schottenstein - Mar 23, 2024 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role
Executive Chairman, Director, 10%+ Owner
Signature
Katherine Alfano, Attorney-in-Fact
Stock symbol
DBI
Transactions as of
Mar 23, 2024
Transactions value $
-$611,355
Form type
4
Date filed
3/26/2024, 05:39 PM
Previous filing
Mar 7, 2024
Next filing
Apr 1, 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 +169K +14.99% $0.00 1.29M Mar 23, 2024 Direct
transaction DBI Class A Common Shares Tax liability -$611K -54.5K -4.21% $11.22 1.24M Mar 23, 2024 Direct
holding DBI Class A Common Shares 1.86M Mar 23, 2024 By Jubilee Limited Partnership
holding DBI Class A Common Shares 630K Mar 23, 2024 By Schottenstein RVI, LLC
holding DBI Class A Common Shares 187K Mar 23, 2024 By Trusts
holding DBI Class A Common Shares 1.27M Mar 23, 2024 Schottenstein Realty LLC
holding DBI Class A Common Shares 237K Mar 23, 2024 Schottenstein SEI, LLC

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 -5.96K -41.32% $0.00 8.46K Mar 23, 2024 Class A Common Shares 5.96K Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -163K -100% $0.00* 0 Mar 23, 2024 Class A Common Shares 163K 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