CALERES INC — Director's Dealing 2013

Mar 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2013-03-01

Reporting Person: OBERLANDER MICHAEL I (SVP, Gen Counsel & Corp Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-01	Common Stock	M	5625	$11.37	Acquired	99853	Direct
2013-03-01	Common Stock	F	3890	$16.44	Disposed	95963	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-01	Employee Stock Option (Right to Buy)	$11.37	M	5625	Disposed	2013-03-06	Common Stock (5625)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8057	Indirect

Footnotes

F1: The options become exercisable in four equal annual installments beginning March 6, 2004.