Andrea O'Donnell - Feb 1, 2025 Form 4 Insider Report for Designer Brands Inc. (DBI)

Signature
Lisa Yerrace, Attorney-in-Fact
Stock symbol
DBI
Transactions as of
Feb 1, 2025
Transactions value $
-$80,007
Form type
4
Date filed
2/4/2025, 05:04 PM
Previous filing
Dec 26, 2024
Next filing
Mar 5, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DBI Class A Common Shares Options Exercise $0 +37.7K $0.00 37.7K Feb 1, 2025 Direct
transaction DBI Class A Common Shares Tax liability -$80K -15.9K -42.22% $5.03 21.8K Feb 1, 2025 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 -1.13K -23.47% $0.00 3.67K Feb 1, 2025 Class A Common Shares 1.13K Direct F1
transaction DBI Restricted Stock Unit Options Exercise $0 -36.6K -33.33% $0.00 73.1K Feb 1, 2025 Class A Common Shares 36.6K 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.