SEC Form 4 · accession 0001225208-16-030439
Designer Brands Inc. · DBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Rawlins
Officer — Chief Executive Officer · Director
Period of report
Mar 26, 2016
Accepted (ET)
Mar 29, 2016 · 7:28 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 26, 2016 | M | 2,824 | $0.00 | A | 7,333 | D | |
| Class A Common Shares | Mar 27, 2016 | M | 3,104 | $0.00 | A | 10,437 | D | |
| Class A Common Shares | Mar 28, 2016 | F | 2,029 | $26.58 | D | 8,408 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF1 | — | Mar 26, 2016 | M | 164 | D | — | — | Class A Common Shares | 164 | 913 | D |
| Restricted Stock UnitF2 | — | Mar 26, 2016 | M | 2,660 | D | Mar 26, 2016 | Mar 26, 2016 | Class A Common Shares | 2,660 | 0 | D |
| Dividend Equivalent RightsF1 | — | Mar 27, 2016 | M | 304 | D | — | — | Class A Common Shares | 304 | 609 | D |
| Restricted Stock UnitF2 | — | Mar 27, 2016 | M | 2,800 | D | Mar 27, 2016 | Mar 27, 2016 | Class A Common Shares | 2,800 | 0 | D |
Explanation of responses
- F1The 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.
- F2Each restricted stock unit represents a contingent right to receive one share of DSW common stock.