Designer Brands Inc. — Director's Dealing 2016

Nov 28, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2016-11-23

Reporting Person: Ferree Deborah L (V Chairman & Chief Mdsing Off.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-23	Class A Common Shares	M	114854.0000	$19.9400	Acquired	228774.0000	Direct
2016-11-23	Class A Common Shares	S	114854.0000	$24.8800	Disposed	113920.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-23	Stock Option - Right to Buy	$19.9400	M	114854.0000	Disposed	2017-04-05	Class A Common Shares (114854.0000)	Direct

Footnotes

F1: Price represents a weighted average of the sale price. Shares were sold at prices ranging from $24.70 to $24.96. 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.