Weinberg James S. 4
4 · Designer Brands Inc. · Filed Sep 12, 2022
Insider Transaction Report
Form 4
Weinberg James S.
EVP; Chief Merchandising Ofcr
Transactions
- Tax Payment
Class A Common Shares
2022-09-08$16.75/sh−9,520$159,460→ 75,278 total - Exercise/Conversion
Restricted Stock Unit
2022-09-08−20,833→ 41,667 totalExp: 2023-09-08→ Class A Common Shares (20,833 underlying) - Exercise/Conversion
Class A Common Shares
2022-09-08+20,991→ 84,798 total - Exercise/Conversion
Dividend Equivalent Rights
2022-09-08−158→ 1,573 total→ Class A Common Shares (158 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.