Designer Brands Inc. — Director's Dealing 2017

Oct 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2017-09-28

Reporting Person: Jordan William L (EVP, Chief Admin Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-09-28	Class A Common Shares	M	10000.0000	$4.6500	Acquired	51588.0000	Direct
2017-09-28	Class A Common Shares	S	10000.0000	$21.3200	Disposed	41588.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-09-28	Stock Option - Right to Buy	$4.6500	M	10000.0000	Disposed	2019-04-01	Class A Common Shares (10000.0000)	Direct

Footnotes

F1: Price represents a weighted average of the sale price. Shares were sold at prices ranging from $21.25 to $21.43. 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: Option vests 20% per year beginning on the first anniversary of the date of grant.