SH Capital Partners, L.P.'s Form 4 filing
Designer Brands Inc.DBI · filed Jan 14, 2025
- Accession no.
- 0000950170-25-005581
- Filed
- Jan 14, 2025, 9:30 PM ET
- Trade date
- Jan 10-13, 2025
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions. Open-market purchases total $2.82M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| SH Capital Partners, L.P.CIK 0001497279 | 10% Owner |
| Stone House Capital Management, LLCCIK 0001589943 | Other: Member of a 10% Group |
| Cohen Mark A.CIK 0001591240 | Other: Member of a 10% Group |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 10, 2025 | Class A Common Shares, without par value | PPurchaseAcquired | +489,149 | $5.65F1 | +$2,763,691.85 | 5,489,149 | Indirect | |
| Jan 13, 2025 | Class A Common Shares, without par value | PPurchaseAcquired | +10,851 | $5.28F5 | +$57,293.28 | 5,500,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This price represents the approximate weighted average price per share of Class A common shares of Designer Brands Inc. (the "Issuer"), without par value (each, a "Share"), of sales that were executed at prices ranging from $5.22 to $5.85 per Share. The reporting persons undertake to provide, upon request by the Issuer, any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, full information regarding the price per Share and the number of Shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F5
This price represents the approximate weighted average price per Share of the Issuer, of sales that were executed at prices ranging from $5.08 to $5.71 per Share. The reporting persons undertake to provide, upon request by the Issuer, any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, full information regarding the price per Share and the number of Shares sold at each price.
Referenced by the price of 1 transaction in Table I.
Remarks
Exhibit Index Exhibit 99.1 - Joint Filer Information (filed herewith). Exhibit 99.2 - Joint Filing Agreement (filed herewith).