SEC Form 4 · accession 0001225208-15-008449
Designer Brands Inc. · DBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah L Ferree
Officer — V Chairman & Chief Mdsing Off.
Period of report
Mar 20, 2015
Accepted (ET)
Mar 24, 2015 · 5:22 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 20, 2015 | M | 36,174 | $8.835 | A | 126,707 | D | |
| Class A Common SharesF1 | Mar 20, 2015 | S | 36,174 | $38.00 | D | 90,533 | D | |
| Class A Common Shares | Mar 22, 2015 | M | 17,273 | $0.00 | A | 107,806 | D | |
| Class A Common Shares | Mar 22, 2015 | F | 8,284 | $38.03 | D | 99,522 | 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 Buy | $8.835 | Mar 20, 2015 | M | 36,174 | D | Jun 28, 2010 | Jun 28, 2015 | Class A Common Shares | 36,174 | 0 | D |
| Dividend Equivalent RightsF2 | — | Mar 22, 2015 | M | 1,365 | D | — | — | Class A Common Shares | 1,365 | 1,653 | D |
| Restricted Stock UnitF3 | — | Mar 22, 2015 | M | 15,908 | D | Mar 22, 2015 | Mar 23, 2015 | Class A Common Shares | 15,908 | 0 | D |
Explanation of responses
- F1Price represents a weighted average of the sale price. Shares were sold at prices ranging from $38.00 to $38.01. 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.
- F2The 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 DSW Class A common stock.
- F3Each restricted stock unit represents a contingent right to receive one share of DSW common stock.