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

Role
Executive Chairman, Director, 10%+ Owner
Signature
Katherine Alfano, Attorney-in-Fact
Issuer symbol
DBI
Transactions as of
23 Mar 2024
Net transactions value
-$611,355
Form type
4
Filing time
26 Mar 2024, 17:39:18 UTC
Previous filing
07 Mar 2024
Next filing
01 Apr 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 +168,507 +15% $0.000000 1,293,004 23 Mar 2024 Direct
transaction DBI Class A Common Shares Tax liability $611,355 -54,488 -4.2% $11.22 1,238,516 23 Mar 2024 Direct
holding DBI Class A Common Shares 1,864,597 23 Mar 2024 By Jubilee Limited Partnership
holding DBI Class A Common Shares 629,524 23 Mar 2024 By Schottenstein RVI, LLC
holding DBI Class A Common Shares 186,668 23 Mar 2024 By Trusts
holding DBI Class A Common Shares 1,273,099 23 Mar 2024 Schottenstein Realty LLC
holding DBI Class A Common Shares 236,528 23 Mar 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 -5,957 -41% $0.000000 8,461 23 Mar 2024 Class A Common Shares 5,957 Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -162,550 -100% $0.000000* 0 23 Mar 2024 Class A Common Shares 162,550 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