Domecq Drew T. 4
4 · Designer Brands Inc. · Filed Mar 30, 2021
Insider Transaction Report
Form 4
Domecq Drew T.
EVP, Chief Information Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2021-03-27−6,416→ 0 totalExp: 2021-03-27→ Class A Common Shares (6,416 underlying) - Tax Payment
Class A Common Shares
2021-03-27$15.75/sh−2,150$33,863→ 14,420 total - Exercise/Conversion
Class A Common Shares
2021-03-27+7,082→ 16,570 total - Exercise/Conversion
Dividend Equivalent Rights
2021-03-27−666→ 2,312 total→ Class A Common Shares (666 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 one-third per year beginning on the first anniversary of the date of grant.