CALERES INC — Director's Dealing 2012

Mar 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2012-03-09

Reporting Person: Ausick Richard M (Division President, Retail)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-09	Common Stock	A	25000	—	Acquired	156530	Direct
2012-03-09	Common Stock	A	40500	—	Acquired	197030	Direct
2012-03-09	Common Stock	F	13547	$9.18	Disposed	183483	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6000	Indirect
Common Stock	6277	Indirect

Footnotes

F1: Restricted Stock vests 100% after 4 years.

F2: Represents issuance of shares pursuant to performance share award covering fiscal years 2009, 2010, and 2011, as approved for payment by the Compensation Committee on March 9, 2012.