Nankervis Simon R. 4
4 · Designer Brands Inc. · Filed Mar 24, 2020
Insider Transaction Report
Form 4
Nankervis Simon R.
EVP, Chief Commercial Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2020-03-21−14,893→ 0 totalFrom: 2020-03-21Exp: 2020-03-21→ Class A Common Shares (14,893 underlying) - Exercise/Conversion
Class A Common Shares
2020-03-21+16,327→ 32,702 total - Tax Payment
Class A Common Shares
2020-03-21$5.54/sh−5,429$30,077→ 27,273 total - Exercise/Conversion
Dividend Equivalent Rights
2020-03-21−1,434→ 4,337 total→ Class A Common Shares (1,434 underlying)
Footnotes (2)
- [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.