SEC Form 4 · accession 0001225208-15-008319
Designer Brands Inc. · DBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harris Mustafa
Officer — EVP, Supply Chain
Period of report
Mar 18, 2015
Accepted (ET)
Mar 20, 2015 · 4:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001319947
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Shares | Mar 18, 2015 | M | 24,088 | $4.65 | A | 46,307 | D | |
| Class A Common Shares | Mar 18, 2015 | M | 8,174 | $17.43 | A | 54,481 | D | |
| Class A Common Shares | Mar 18, 2015 | M | 6,922 | $26.66 | A | 61,403 | D | |
| Class A Common Shares | Mar 18, 2015 | M | 6,882 | $12.335 | A | 68,285 | D | |
| Class A Common SharesF1 | Mar 18, 2015 | S | 46,066 | $37.56 | D | 22,219 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option - Right to BuyF2 | $17.43 | Mar 18, 2015 | M | 8,174 | D | — | Mar 22, 2021 | Class A Common Shares | 8,174 | 8,172 | D |
| Stock Option - Right to BuyF2 | $12.335 | Mar 18, 2015 | M | 6,882 | D | — | Mar 23, 2020 | Class A Common Shares | 6,882 | 6,882 | D |
| Stock Option - Right to BuyF2 | $26.66 | Mar 18, 2015 | M | 6,922 | D | — | Mar 27, 2022 | Class A Common Shares | 6,922 | 10,384 | D |
| Stock Option - Right to BuyF2 | $4.65 | Mar 18, 2015 | M | 24,088 | D | — | Apr 1, 2019 | Class A Common Shares | 24,088 | 0 | D |
Explanation of responses
- F1Price represents a weighted average of the sale price. Shares were sold at prices ranging from $37.25 to $37.91. 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.
- F2Option vests 20% per year beginning on the first anniversary of the date of grant.