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: 2007-04-02

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-02	Common Stock	M	10000	$7.1458	Acquired	278716	Direct
2007-04-02	Common Stock	S	700	$42.29	Disposed	278016	Direct
2007-04-02	Common Stock	S	2400	$42.3	Disposed	275616	Direct
2007-04-02	Common Stock	S	1048	$42.31	Disposed	274568	Direct
2007-04-02	Common Stock	S	2100	$42.32	Disposed	272468	Direct
2007-04-02	Common Stock	S	900	$42.33	Disposed	271568	Direct
2007-04-02	Common Stock	S	300	$42.34	Disposed	271268	Direct
2007-04-02	Common Stock	S	552	$42.35	Disposed	270716	Direct
2007-04-02	Common Stock	S	700	$42.37	Disposed	270016	Direct
2007-04-02	Common Stock	S	521	$42.39	Disposed	269495	Direct
2007-04-02	Common Stock	S	100	$42.4	Disposed	269395	Direct
2007-04-02	Common Stock	S	379	$42.41	Disposed	269016	Direct
2007-04-02	Common Stock	S	100	$42.43	Disposed	268916	Direct
2007-04-02	Common Stock	S	200	$42.44	Disposed	268716	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-02	Employee Stock Option (Right to Buy)	$7.1458	M	10000	Disposed	2010-03-02	Common Stock (10000)	Direct

F1: Includes 8,118 shares held indirectly by 401(k) Plan.

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