Designer Brands Inc. — Director's Dealing 2013

Dec 4, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2013-12-02

Reporting Person: TANENBAUM ALLAN J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-02	Class A Common Shares	M	544.0000	$0.0000	Acquired	12540.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-02	Stock Unit	$	M	544.0000	Disposed		Class A Common Shares (544.0000)	Direct

Footnotes

F1: Amount of securities beneficially owned by the insider has been adjusted to reflect a 2-for-1 stock split that occurred on November 2, 2013.

F2: Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.

F3: The previously reported stock unit has been adjusted to reflect a 2-for-1 stock split that occurred on November 2, 2013.

F4: The stock unit becomes vested upon the date of grant and will be converted to an equal number of shares of Issuer's Class A common stock in 30 days.