Mary Turner - Sep 8, 2022 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role
EVP;Pres DesignerBrands Canada
Signature
Michelle Krall, Attorney-in-Fact
Stock symbol
DBI
Transactions as of
Sep 8, 2022
Transactions value $
-$149,416
Form type
4
Date filed
9/12/2022, 04:16 PM
Previous filing
Jul 8, 2022
Next filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBI Class A Common Shares Options Exercise $0 +16.8K +111.59% $0.00 31.8K Sep 8, 2022 Direct
transaction DBI Class A Common Shares Sale -$149K -9.27K -29.11% $16.12 22.6K Sep 8, 2022 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 -126 -9.04% $0.00 1.27K Sep 8, 2022 Class A Common Shares 126 Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -16.7K -33.34% $0.00 33.3K Sep 8, 2022 Class A Common Shares 16.7K Direct F2, F3
* 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.
F3 Restricted stock units vest 25% on the first and second anniversaries of the date of grant and 50% on the third anniversary of the date of grant.