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CALERES INC Director's Dealing 2008

Mar 8, 2008

32936_dirs_2008-03-07_60897ef6-cf79-4510-a9e4-ac864abfcb7e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2008-03-05

Reporting Person: RICH GARY M (President, Brown Shoe Wholesal)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-05	Common Stock	A	13000	—	Acquired	104617	Direct
2008-03-05	Common Stock	A	16594	—	Acquired	121212	Direct
2008-03-05	Common Stock	F	5339	$15.2	Disposed	115874	Direct

Footnotes

F1: Restricted stock vests 100% after 4 years.

F2: Includes 12,370 shares held indirectly by the 401(k) Plan.

F3: Represents issuance of shares pursuant to performance share award covering fiscal years 2005, 2006, and 2007, as approved for payment by the Board of Directors on March 5, 2008.