Edward R. Rosenfeld - Mar 15, 2023 Form 4 Insider Report for STEVEN MADDEN, LTD. (SHOO)

Signature
/s/ Mike Lomenzo, Attorney-in-Fact for Edward R. Rosenfeld
Stock symbol
SHOO
Transactions as of
Mar 15, 2023
Transactions value $
-$1,992,010
Form type
4
Date filed
3/16/2023, 04:30 PM
Previous filing
Mar 6, 2023
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHOO Common Stock par value $0.0001 per share Award $0 +86.5K +12.14% $0.00 799K Mar 15, 2023 Direct F1
transaction SHOO Common Stock par value $0.0001 per share Sale -$1.99M -58K -7.26% $34.35 741K Mar 15, 2023 Direct F2
holding SHOO Common Stock par value $0.0001 per share 234K Mar 15, 2023 By Rosenfeld 2021 Family Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock grant made by Steven Madden, Ltd. (the "Company") to the reporting person on March 15, 2023 under the Steven Madden, Ltd. 2019 Incentive Compensation Plan (the "Plan"), which stock will vest and cease to be restricted in substantially equal installments on March 1, 2024, March 1, 2025, March 1, 2026, March 1, 2027, and March 1, 2028, and until fully vested will be subject to forfeiture pursuant to the terms of the Plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.91 to $34.55, inclusive. The reporting person undertakes to provide to Steven Madden, Ltd. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purposes.