Nankervis Simon R. 4
4 · Designer Brands Inc. · Filed Feb 3, 2020
Insider Transaction Report
Form 4
Nankervis Simon R.
EVP, Chief Commercial Officer
Transactions
- Exercise/Conversion
Class A Common Shares
2020-01-31+4,720→ 18,195 total - Exercise/Conversion
Dividend Equivalent Rights
2020-01-31−419→ 5,771 total→ Class A Common Shares (419 underlying) - Tax Payment
Class A Common Shares
2020-01-31$14.90/sh−1,820$27,118→ 16,375 total - Exercise/Conversion
Restricted Stock Unit
2020-01-31−4,301→ 0 totalExp: 2020-01-31→ Class A Common Shares (4,301 underlying)
Footnotes (3)
- [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 25% on March 13, 2018, 25% on January 31, 2019 and 50% on January 31, 2020.