CALERES INC — Director's Dealing 2017

Jan 12, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALERES INC (CAL)
CIK: 0000014707
Period of Report: 2017-01-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-10	Common Stock	M	2000	$3.33	Acquired	84373	Direct
2017-01-10	Common Stock	S	2000	$32.0025	Disposed	82373	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-10	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	4869	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.025, inclusive. The reporting person undertakes to provide to Caleres, Inc., any security holder of Caleres, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

F2: This option became exercisable in ten equal annual installments beginning 3/4/2010