CALERES INC — Director's Dealing 2015

Jun 1, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALERES INC (CAL)
CIK: 0000014707
Period of Report: 2015-05-28

Reporting Person: NEIDORFF MICHAEL F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-28	Common Stock	M	3173.4179	—	Acquired	93728.4179	Direct
2015-05-28	Common Stock	M	575.0321	—	Acquired	94303.45	Direct
2015-05-28	Common Stock	D	3748.45	$31.41	Disposed	90555	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-28	Restricted Stock Units	$	M	3173.4179	Disposed		Common Stock (3173.4179)	Direct
2015-05-28	Restricted Stock Units	$	M	575.0321	Disposed		Common Stock (575.0321)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive the fair market value of a share of common stock of the Company.

F2: Vesting of each restricted stock unit is contingent upon the Director's continued service as a director of the Company through the next meeting of shareholders. The restricted stock units generally will be settled in cash on the earlier of the date the Director's service as a director terminates or the payment date elected by Director.