Douglas M. Howe - May 30, 2024 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role
CEO, Director
Signature
Katherine Alfano, Attorney-in-Fact
Stock symbol
DBI
Transactions as of
May 30, 2024
Transactions value $
-$454,567
Form type
4
Date filed
5/30/2024, 05:36 PM
Previous filing
Apr 16, 2024
Next filing
Jun 21, 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 +141K +148.31% $0.00 235K May 30, 2024 Direct
transaction DBI Class A Common Shares Tax liability -$455K -48.7K -20.71% $9.33 187K May 30, 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 -5.29K -22.55% $0.00 18.2K May 30, 2024 Class A Common Shares 5.29K Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -135K -50% $0.00 135K May 30, 2024 Class A Common Shares 135K 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 unit vests one-third per year beginning on the first anniversary of the date of grant.