CALERES INC - Director's Dealing 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2014-06-06

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-06	Common Stock	M	2500	$15.20	Acquired	201182	Direct
2014-06-06	Common Stock	F	1349	$28.16	Disposed	199833	Direct
2014-06-06	Common Stock	M	1935	$21.4133	Acquired	201768	Direct
2014-06-06	Common Stock	F	1471	$28.16	Disposed	200297	Direct
2014-06-06	Common Stock	M	3375	$21.2022	Acquired	203672	Direct
2014-06-06	Common Stock	F	2541	$28.16	Disposed	201131	Direct
2014-06-06	Common Stock	M	6750	$14.9133	Acquired	207881	Direct
2014-06-06	Common Stock	F	3574	$28.16	Disposed	204307	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-06	Employee Stock Option (Right to Buy)	$15.20	M	2500	Disposed	2018-03-05	Common Stock (2500)	Direct
2014-06-06	Employee Stock Option (Right to Buy)	$21.4133	M	1935	Disposed	2016-08-22	Common Stock (1935)	Direct
2014-06-06	Employee Stock Option (Right to Buy)	$21.2022	M	3375	Disposed	2016-03-02	Common Stock (3375)	Direct
2014-06-06	Employee Stock Option (Right to Buy)	$14.9133	M	6750	Disposed	2015-03-03	Common Stock (6750)	Direct

Security	Shares	Ownership
Common Stock	7380	Indirect

F1: The options become exercisable in four equal installments beginning March 5, 2009.

F2: The options become exercisable in 4 equal installments beginning 8/22/2007.

F3: The option vests in four equal installments on March 2, 2007, 2008, 2009 and 2010.

F4: The option vests in four equal installments on March 3, 2006, 2007, 2008 and 2009.