Designer Brands Inc. — Director's Dealing 2017

Feb 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2017-01-31

Reporting Person: Nankervis Simon R. (EVP, Chief Commercial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-31	Stock Option - Right to Buy	$21.1600	A	14540.0000	Acquired	2027-01-31	Class A Common Shares (14540.0000)	Direct

Footnotes

F1: Option vests 25% on the first and second anniversaries of the date of grant and 50% on the third anniversary of the date of grant.