CALERES INC — Director's Dealing 2014

Feb 12, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2014-02-10

Reporting Person: Koch Douglas (SVP, Chief Talent & Strategy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-10	Common Stock	M	8438	$17.3378	Acquired	144325	Direct
2014-02-10	Common Stock	F	6162	$23.74	Disposed	138163	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-10	Employee Stock Option (Right to Buy)	$17.3378	M	8438	Disposed	2014-03-04	Common Stock (8438)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7896	Indirect

Footnotes

F1: Reflects certain transactions since the reporting person's last Form 4 that were exempt under Rule 16a-12.

F2: The option became exercisable as to 1875 shares on March 4, 2005 and becomes exercisable to 1875 shares on March 4, 2006, and to 1875 shares on March 4, 2007 and to the remaining 1875 shares on March 4, 2008.