SEC Form 4 · accession 0001225208-17-014390
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
Aug 25, 2017
Accepted (ET)
Aug 28, 2017 · 2:10 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 | Aug 25, 2017 | M | 75,452 | $6.285 | A | 199,445 | D | |
| Class A Common SharesF1 | Aug 25, 2017 | S | 75,452 | $20.0039 | D | 123,993 | 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 | $6.285 | Aug 25, 2017 | M | 75,452 | D | — | Apr 23, 2018 | Class A Common Shares | 75,452 | 0 | D |
Explanation of responses
- F1Price represents a weighted average of the sale price. Shares were sold at prices ranging from $19.98 to $20.08. 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.