Designer Brands Inc. — Director's Dealing 2013

Oct 2, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2013-09-30

Reporting Person: Schottenstein RVI LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-30	Class A Common Shares	C	32592.0000	$0.0000	Acquired	32592.0000	Direct
2013-09-30	Class A Common Shares	S	32592.0000	$85.2800	Disposed	0.0000	Direct
2013-10-01	Class A Common Shares	C	96100.0000	$0.0000	Acquired	96100.0000	Direct
2013-10-01	Class A Common Shares	S	96100.0000	$85.5600	Disposed	0.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-30	Class B Common Shares	$	C	32592.0000	Disposed		Class A Common Shares (32592.0000)	Direct
2013-10-01	Class B Common Shares	$	C	96100.0000	Disposed		Class A Common Shares (96100.0000)	Direct

Footnotes

F1: Price represents a weighted average of the sale price. Shares were sold at prices ranging from $85.05 to $85.63. 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 $85.05 to $85.98. 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.