Designer Brands Inc. — Director's Dealing 2016

May 27, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2016-05-26

Reporting Person: Rawlins Roger (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-26	Class A Common Shares	P	12249.0000	$20.4900	Acquired	20657.0000	Direct

Footnotes

F1: Price represents a weighted average of the purchase price. Shares were purchased at prices ranging from $20.47 to $20.49. 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 purchased at each separate price.