CALERES INC — Director's Dealing 2016

Mar 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALERES INC (CAL)
CIK: 0000014707
Period of Report: 2016-03-03

Reporting Person: Schmidt John W (Div Pres, Contemporary Fashion)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-03	Common Stock	M	5737	—	Acquired	79711	Direct
2016-03-03	Common Stock	F	2347	$28.55	Disposed	77364	Direct
2016-03-03	Common Stock	D	3390	$28.55	Disposed	73974	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-03	Cash-settled performance share units	$	A	5737	Acquired	2016-03-03	Common Stock (5737)	Direct
2016-03-03	Cash-settled performance share units	$	M	5737	Disposed	2016-03-03	Common Stock (5737)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3504	Indirect

Footnotes

F1: The cash-settled performance share units were deemed to have settled for an equivalent number of shares of Caleres, Inc. Common Stock.

F2: 1 - for - 1

F3: Represents issuance of units pursuant to performance award covering fiscal years 2013, 2014, and 2015, as approved for payment by the Compensation Committee on March 3, 2016.