Designer Brands Inc. — Director's Dealing 2013

Sep 9, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2013-09-05

Reporting Person: Schottenstein RVI LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-05	Class A Common Shares	C	3166.0000	$0.0000	Acquired	3166.0000	Direct
2013-09-05	Class A Common Shares	S	3166.0000	$86.0600	Disposed	0.0000	Direct
2013-09-09	Class A Common Shares	C	13500.0000	$0.0000	Acquired	13500.0000	Direct
2013-09-09	Class A Common Shares	S	13500.0000	$85.2100	Disposed	0.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-05	Class B Common Shares	$	C	3166.0000	Disposed		Class A Common Shares (3166.0000)	Direct
2013-09-09	Class B Common Shares	$	C	13500.0000	Disposed		Class A Common Shares (13500.0000)	Direct

Footnotes

F1: Price represents a weighted average of the sale price. Shares were sold at prices ranging from $86.03 to $86.10. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.

F2: Price represents a weighted average of the sale price. Shares were sold at prices ranging from $85.15 to $85.30. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.

F3: Class B common shares convert to Class A common shares on a one-for-one basis.

F4: The Class B common shares are convertible at any time, at the holder's election, and have no expiration date.