CALERES INC — Director's Dealing 2015

Mar 30, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2015-03-26

Reporting Person: Freidman Daniel R (Div Pres, Whls Prod & Source)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-26	Common Stock	M	2000	$3.33	Acquired	82723	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-26	Employee Stock Option (Right to Buy)	$3.33	M	2000	Disposed	2019-03-04	Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4395	Indirect

Footnotes

F1: This option became exercisable in ten equal annual installments beginning 3/4/2010