Designer Brands Inc. — Director's Dealing 2012

Aug 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2012-08-27

Reporting Person: TANENBAUM ALLAN J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-27	Class A Common Shares	M	379.0000	$0.0000	Acquired	4092.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-27	Stock Unit	$	M	379.0000	Disposed		Class A Common Shares (379.0000)	Direct

Footnotes

F1: Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.

F2: Stock Unit vests on August 27, 2012.

F3: Total includes stock units acquired pursuant to a special dividend and accrued dividend equivalent rights.