CALERES INC - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2007-06-01

Reporting Person: FROMM RONALD A (Director, Chairman of the Board & CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-01	Common Stock	M	15000	$4.7639	Acquired	418081	Direct
2007-06-01	Common Stock	S	500	$29.98	Disposed	417581	Direct
2007-06-01	Common Stock	S	200	$29.96	Disposed	417381	Direct
2007-06-01	Common Stock	S	600	$29.95	Disposed	416781	Direct
2007-06-01	Common Stock	S	600	$29.93	Disposed	416181	Direct
2007-06-01	Common Stock	S	100	$29.92	Disposed	416081	Direct
2007-06-01	Common Stock	S	1300	$29.91	Disposed	414781	Direct
2007-06-01	Common Stock	S	1100	$29.9	Disposed	413681	Direct
2007-06-01	Common Stock	S	1700	$29.89	Disposed	411981	Direct
2007-06-01	Common Stock	S	210	$29.88	Disposed	411771	Direct
2007-06-01	Common Stock	S	1100	$29.87	Disposed	410671	Direct
2007-06-01	Common Stock	S	790	$29.86	Disposed	409881	Direct
2007-06-01	Common Stock	S	400	$29.85	Disposed	409481	Direct
2007-06-01	Common Stock	S	341	$29.84	Disposed	409140	Direct
2007-06-01	Common Stock	S	1000	$29.81	Disposed	408140	Direct
2007-06-01	Common Stock	S	1200	$29.8	Disposed	406940	Direct
2007-06-01	Common Stock	S	290	$29.79	Disposed	406650	Direct
2007-06-01	Common Stock	S	1169	$29.78	Disposed	405481	Direct
2007-06-01	Common Stock	S	200	$29.77	Disposed	405281	Direct
2007-06-01	Common Stock	S	941	$29.75	Disposed	404340	Direct
2007-06-01	Common Stock	S	1259	$29.71	Disposed	403081	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-01	Employee Stock Option (right to buy)	$4.7639	M	15000	Disposed	2010-03-02	Common Stock (15000)	Direct

F1: Includes 12,178 shares held indirectly by the 401(k) Plan.

F2: The options vested in four equal installments on March 2, 2001, 2002, 2003, and 2004.