CALERES INC — Director's Dealing 2014

Feb 13, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2014-02-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-11	Common Stock	M	16874	$17.3378	Acquired	196753	Direct
2014-02-11	Common Stock	F	12189	$24.00	Disposed	184564	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-11	Employee Stock Option (Right to Buy)	$17.3378	M	16874	Disposed	2014-03-04	Common Stock (16874)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7285	Indirect

Footnotes

F1: The option vests in four equal installments on March 4, 2005, 2006, 2007 and 2008.