SEC Form 4 · accession 0001225208-18-006879
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
Mar 29, 2018
Accepted (ET)
Apr 2, 2018 · 12:52 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 29, 2018 | M | 34,412 | $12.335 | A | 88,705 | D | |
| Class A Common SharesF1 | Mar 29, 2018 | S | 34,412 | $22.47 | D | 54,293 | 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 | $12.335 | Mar 29, 2018 | M | 34,412 | D | — | Mar 23, 2020 | Class A Common Shares | 34,412 | 0 | D |
Explanation of responses
- F1Price represents a weighted average of the sale price. Shares were sold at prices ranging from $22.46 to $22.485. 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.