Designer Brands Inc. — Director's Dealing 2013

Jul 8, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2013-07-05

Reporting Person: Friedlander Carolee (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-07-05	Class A Common Shares	M	1497.0000	$0.0000	Acquired	4911.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-05	Stock Unit	$	M	1497.0000	Disposed		Class A Common Shares (1497.0000)	Direct

Footnotes

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

F2: 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.

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