SEC Form 4 · accession 0001225208-17-015557
Designer Brands Inc. · DBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Jordan
Officer — EVP, Chief Admin Officer
Period of report
Sep 28, 2017
Accepted (ET)
Oct 2, 2017 · 3:27 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 | Sep 28, 2017 | M | 10,000 | $4.65 | A | 51,588 | D | |
| Class A Common SharesF1 | Sep 28, 2017 | S | 10,000 | $21.32 | D | 41,588 | 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 | $4.65 | Sep 28, 2017 | M | 10,000 | D | — | Apr 1, 2019 | Class A Common Shares | 10,000 | 32,366 | D |
Explanation of responses
- F1Price represents a weighted average of the sale price. Shares were sold at prices ranging from $21.25 to $21.43. 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.