Designer Brands Inc. — Director's Dealing 2012

Apr 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2012-03-27

Reporting Person: Jordan William L (EVP, General Counsel)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-27	Restricted Stock Unit	$	A	1700.0000	Acquired	2016-03-27	Class A Common Shares (1700.0000)	Direct
2012-03-27	Stock Option - Right to Buy	$54.9200	A	9700.0000	Acquired	2022-03-27	Class A Common Shares (9700.0000)	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.