CALERES INC — Director's Dealing 2013

Dec 17, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2013-12-13

Reporting Person: SULLIVAN DIANE M (Director, Pres. & Chief Executive Offcr.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-13	Common Stock	M	112500	$16.54	Acquired	577856	Direct
2013-12-13	Common Stock	S	41100	$25.139	Disposed	536756	Direct
2013-12-16	Common Stock	S	71400	$25.293	Disposed	465356	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-13	Employee Stock Option (Right to Buy)	$16.54	M	112500	Disposed	2014-01-05	Common Stock (112500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7058	Indirect

Footnotes

F1: The option becomes exercisable in 4 equal installments beginning 1/5/05.