James S. Weinberg Form 3 Designer Brands / James S. Weinberg ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Weinberg James S.

(Last) (First) (Middle)

810 DSW DRIVE

(Street)

COLUMBUS OH 43219

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/30/2022

3. Issuer Name and Ticker or Trading Symbol
Designer Brands Inc. [ DBI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP; Chief Merchandising Ofcr

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Shares	50,422	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	09/08/2023	Class A Common Shares	62,500	(2)	D
Restricted Stock Unit	03/23/2024	03/23/2024	Class A Common Shares	45,515	(2)	D
Restricted Stock Unit	03/24/2023	03/24/2023	Class A Common Shares	89,710	(2)	D
Restricted Stock Unit	03/26/2022	03/26/2022	Class A Common Shares	24,495	(2)	D
Stock Option - Right to Buy	(3)	03/21/2027	Class A Common Shares	44,990	19.02	D
Stock Option - Right to Buy	01/31/2022	01/31/2027	Class A Common Shares	10,905	21.16	D
Stock Option - Right to Buy	03/22/2021	03/22/2026	Class A Common Shares	18,990	27	D
Stock Option - Right to Buy	09/22/2020	09/22/2025	Class A Common Shares	22,570	28.39	D

Explanation of Responses:

1. Restricted 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.

2. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.

3. Option vests 20% per year beginning on the first anniversary of the date of grant.

Remarks:

EXHIBIT INDEX Exhibit 24 - Power of Attorney

	Michelle Krall, Attorney-in-Fact	02/04/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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