Weinberg James S. 4

4 · Designer Brands Inc. · Filed Sep 12, 2023

Form 4

Period: 2023-09-08

EVP; Chief Merchandising Ofcr

Transactions

Exercise/Conversion
Class A Common Shares
2023-09-08+42,783→ 179,280 total
Tax Payment
Class A Common Shares
2023-09-08$12.66/sh−19,403$245,642→ 159,877 total
Exercise/Conversion
Dividend Equivalent Rights
2023-09-08−1,116→ 3,363 total
→ Class A Common Shares (1,116 underlying)
Sale
Class A Common Shares
2023-09-08$12.04/sh−121,429$1,461,519→ 38,448 total
Exercise/Conversion
Restricted Stock Unit
2023-09-08−41,667→ 0 total
Exp: 2023-09-08→ Class A Common Shares (41,667 underlying)

Footnotes (4)

[F1]Price represents a weighted average of the sale price. Shares were sold at prices ranging from $11.75 to $12.625. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.
[F2]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.
[F3]Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.
[F4]Restricted stock unit vests one-third per year beginning on the first anniversary of the date of grant.

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