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: 2007-03-16

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-16	Common Stock	M	30000	$22.37	Acquired	298546	Direct
2007-03-16	Common Stock	S	5200	$45.05	Disposed	293346	Direct
2007-03-16	Common Stock	S	200	$45.06	Disposed	293146	Direct
2007-03-16	Common Stock	S	600	$45.07	Disposed	292546	Direct
2007-03-16	Common Stock	S	100	$45.08	Disposed	292446	Direct
2007-03-16	Common Stock	S	300	$45.1	Disposed	292146	Direct
2007-03-16	Common Stock	S	1400	$45.13	Disposed	290746	Direct
2007-03-16	Common Stock	S	200	$45.14	Disposed	290546	Direct
2007-03-16	Common Stock	S	800	$45.15	Disposed	289746	Direct
2007-03-16	Common Stock	S	200	$45.17	Disposed	289546	Direct
2007-03-16	Common Stock	S	700	$45.19	Disposed	288846	Direct
2007-03-16	Common Stock	S	11800	$45.2	Disposed	277046	Direct
2007-03-16	Common Stock	S	500	$45.21	Disposed	276546	Direct
2007-03-16	Common Stock	S	700	$45.22	Disposed	275846	Direct
2007-03-16	Common Stock	S	2200	$45.23	Disposed	273646	Direct
2007-03-16	Common Stock	S	900	$45.24	Disposed	272746	Direct
2007-03-16	Common Stock	S	300	$45.25	Disposed	272446	Direct
2007-03-16	Common Stock	S	200	$45.26	Disposed	272246	Direct
2007-03-16	Common Stock	S	200	$45.29	Disposed	272046	Direct
2007-03-16	Common Stock	S	1400	$45.3	Disposed	270646	Direct
2007-03-16	Common Stock	S	100	$45.34	Disposed	270546	Direct
2007-03-16	Common Stock	S	100	$45.35	Disposed	270446	Direct
2007-03-16	Common Stock	S	700	$45.36	Disposed	269746	Direct
2007-03-16	Common Stock	S	200	$45.37	Disposed	269546	Direct
2007-03-16	Common Stock	S	1000	$45.45	Disposed	268546	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-16	Employee Stock Option (Right to buy)	$22.37	M	30000	Disposed	2015-03-03	Common Stock (30000)	Direct

F1: Includes 7,948 shares held indirectly by 401(k) Plan.

F2: The options vest in four equal installments beginning March 3, 2006.