CALERES INC — Director's Dealing 2015

May 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2015-05-02

Reporting Person: NEIDORFF MICHAEL F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-02	Common Stock	A	625	$29.96	Acquired	90555	Direct

Footnotes

F1: Represents shares of stock granted in lieu of quarterly cash payment for services rendered as a member of the Company's Board of Directors.