Mary Turner - Mar 23, 2024 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role
EVP;Pres DesignerBrands Canada
Signature
Katherine Alfano, Attorney-in-Fact
Stock symbol
DBI
Transactions as of
Mar 23, 2024
Transactions value $
-$113,300
Form type
4
Date filed
3/26/2024, 05:39 PM
Previous filing
Dec 18, 2023
Next filing
Sep 11, 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 +18.9K +59.24% $0.00 50.7K Mar 23, 2024 Direct
transaction DBI Class A Common Shares Tax liability -$113K -10.1K -19.92% $11.22 40.6K Mar 23, 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 -667 -45.04% $0.00 814 Mar 23, 2024 Class A Common Shares 667 Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -18.2K -100% $0.00* 0 Mar 23, 2024 Class A Common Shares 18.2K 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