CALERES INC — Director's Dealing 2014

Sep 17, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2014-09-16

Reporting Person: SULLIVAN DIANE M (Director, CEO, Pres. & Chair. of Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-27	Common Stock	G	1145	—	Disposed	510513	Direct
2014-09-16	Common Stock	M	6705	$14.9133	Acquired	517218	Direct
2014-09-16	Common Stock	F	3513	$28.46	Disposed	513705	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-16	Employee Stock Option (Right to Buy)	$14.9133	M	6705	Disposed	2015-03-03	Common Stock (6705)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7331	Indirect

Footnotes

F1: The options become exercisable in four equal annual installments beginning 3/3/06.