Designer Brands Inc. — Director's Dealing 2010

Mar 26, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2010-03-24

Reporting Person: MacDonald Michael R (President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-24	Restricted Stock Unit	$	A	17100	Acquired	2014-03-24	Class A Common Shares (17100)	Direct
2010-03-24	Stock Option - Right to Buy	$26.61	A	108000	Acquired	2020-03-24	Class A Common Shares (108000)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of DSW common stock.

F2: Option vests 20% per year beginning on the first anniversary of the date of grant.