Drew Jones - 10 May 2022 Form 4 Insider Report for Digital Brands Group, Inc. (DBGI)

Role: 10%+ Owner
Signature: /s/ Drew Jones
Issuer symbol: DBGI
Transactions as of: 10 May 2022
Net transactions value: $0
Form type: 4
Filing time: 23 May 2022, 17:31:03 UTC
Previous filing: 27 May 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	DBGI	Common Stock						2,192,771	10 May 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Drew Jones is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Remarks:

On May 10, 2022, the issuer closed a public offering and sold 37,389,800 shares of common stock. As a result of the dilutive effect of the public offering, the reporting person ceased to beneficially own more than 10% of the issuer's common stock outstanding as of the close of business on May 10, 2022.