SEC Form 4 · accession 0001225208-17-018940
Designer Brands Inc. · DBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay L Schottenstein
Officer — Executive Chairman · Director · 10% Owner
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 6:29 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 | Dec 15, 2017 | M | 4,638 | $0.00 | A | 194,789 | D | |
| Class A Common Shares | Dec 15, 2017 | F | 1,678 | $20.36 | D | 193,111 | D | |
| Class A Common Shares | holding | — | — | — | 146,668 | I | By Trusts | |
| Class A Common Shares | holding | — | — | — | 1,000,000 | I | Schottenstein Realty LLC | |
| Class A Common Shares | holding | — | — | — | 236,528 | I | Schottenstein SEI, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Dec 15, 2017 | M | 4,638 | D | — | Dec 15, 2018 | Class A Common Shares | 4,638 | 8,289 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of DSW common stock.
- F2Restricted stock units vest 25% on the first and second anniversaries of the date of grant and 50% on the third anniversary of the date of grant.