Rawlins Roger 4
4 · Designer Brands Inc. · Filed Sep 12, 2022
Insider Transaction Report
Form 4
Rawlins Roger
EVP, Omnichannel
Transactions
- Exercise/Conversion
Class A Common Shares
2022-09-08+188,934→ 709,305 total - Tax Payment
Class A Common Shares
2022-09-08$16.75/sh−85,682$1,435,174→ 623,623 total - Exercise/Conversion
Restricted Stock Unit
2022-09-08−187,500→ 375,000 totalExp: 2023-09-08→ Class A Common Shares (187,500 underlying) - Exercise/Conversion
Dividend Equivalent Rights
2022-09-08−1,434→ 26,773 total→ Class A Common Shares (1,434 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 units vest 25% on the first and second anniversaries of the date of grant and 50% on the third anniversary of the date of grant.