SEC Form 4 · accession 0001225208-17-002263
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
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 4:33 pm EST
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 | Jan 31, 2017 | M | 7,632 | $0.00 | A | 28,289 | D | |
| Class A Common Shares | Jan 31, 2017 | F | 2,772 | $20.52 | D | 25,517 | 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 | — | Jan 31, 2017 | M | 632 | D | — | — | Class A Common Shares | 632 | 945 | D |
| Restricted Stock UnitF2 | — | Jan 31, 2017 | M | 7,000 | D | Jan 31, 2017 | Jan 31, 2017 | Class A Common Shares | 7,000 | 0 | D |
| Stock Option - Right to BuyF3 | $21.16 | Jan 31, 2017 | A | 290,765 | A | — | Jan 31, 2027 | Class A Common Shares | 290,765 | 290,765 | 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.
- F3Option vests 20% per year beginning on the first anniversary of the date of grant.