4//SEC Filing
SH Capital Partners, L.P. 4
Accession 0000950170-25-052295
CIK 0001319947other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 9:30 PM ET
Size
44.0 KB
Accession
0000950170-25-052295
Insider Transaction Report
Form 4
Cohen Mark Alexander
Other
Transactions
- Purchase
Call Option (right to buy)
2025-04-04$0.34/sh+15,000$5,100→ 15,000 total(indirect: See Footnotes)Exercise: $10.00From: 2025-04-04Exp: 2027-01-15→ Class A Common Shares, without par value (1,500,000 underlying)
Holdings
- 5,500,000(indirect: See Footnotes)
Class A Common Shares, without par value
Transactions
- Purchase
Call Option (right to buy)
2025-04-04$0.34/sh+15,000$5,100→ 15,000 total(indirect: See Footnotes)Exercise: $10.00From: 2025-04-04Exp: 2027-01-15→ Class A Common Shares, without par value (1,500,000 underlying)
Holdings
- 5,500,000(indirect: See Footnotes)
Class A Common Shares, without par value
SH Capital Partners, L.P.
10% Owner
Transactions
- Purchase
Call Option (right to buy)
2025-04-04$0.34/sh+15,000$5,100→ 15,000 total(indirect: See Footnotes)Exercise: $10.00From: 2025-04-04Exp: 2027-01-15→ Class A Common Shares, without par value (1,500,000 underlying)
Holdings
- 5,500,000(indirect: See Footnotes)
Class A Common Shares, without par value
Footnotes (4)
- [F1]This statement is jointly filed by and on behalf of each of Stone House Capital Management, LLC ("Stone House"), SH Capital Partners, L.P. ("Partners") and Mark Cohen. Partners is the record and direct beneficial owner of the securities covered by this statement. Stone House is the general partner and investment manager of, and may be deemed to beneficially own securities owned by, Partners. Mr. Cohen is the managing member of, and may be deemed to beneficially own securities owned by, Stone House.
- [F2]Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act") or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
- [F3]Each reporting person may be deemed to be a member of a group with respect to Designer Brands Inc. (the "Issuer") or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.
- [F4]The transaction was executed in multiple trades in prices ranging from $0.30 to $0.35, inclusive. The price reported in Column 8 above reflects the weighted average sale price. The reporting persons undertake to provide, upon request by the Issuer, any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, full information regarding the number of call options acquired at each respective price within the range set forth in this footnote.
Documents
Issuer
Designer Brands Inc.
CIK 0001319947
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001497279
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 9:30 PM ET
- Size
- 44.0 KB