X0306 4 2019-07-05 0001319947 Designer Brands Inc. DBI 0001599668 Nankervis Simon R. 810 DSW DRIVE COLUMBUS OH 43219 1 EVP DSW;Pres CEO COO CamutoLLC Dividend Equivalent Rights 2019-07-05 4 A 0 903.0000 0.0000 A Class A Common Shares 903.0000 2891.0000 D 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 DBI Class A common stock. Michelle Krall, Attorney-in-Fact 2019-07-09