Jordan William L 4
4 · Designer Brands Inc. · Filed Sep 12, 2023
Insider Transaction Report
Form 4
Jordan William L
SVP, General Counsel
Transactions
- Exercise/Conversion
Dividend Equivalent Rights
2023-09-08−2,678→ 5,035 total→ Class A Common Shares (2,678 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-09-08−100,000→ 0 totalExp: 2023-09-08→ Class A Common Shares (100,000 underlying) - Exercise/Conversion
Class A Common Shares
2023-09-08+102,678→ 373,256 total - Tax Payment
Class A Common Shares
2023-09-08$12.66/sh−46,565$589,513→ 326,691 total
Footnotes (3)
- [F1]The 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 Issuer's Class A common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.
- [F3]Restricted stock unit vests one-third per year beginning on the first anniversary of the date of grant.