DILLARD'S, INC. — Director's Dealing 2012

Nov 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DILLARDS INC (DDS)
CIK: 0000028917
Period of Report: 2012-11-27

Reporting Person: FREEMAN JAME I (Director, Senior VP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-26	Common Class A	G	300	—	Disposed	494290	Direct
2012-11-27	Common Class A	M	60000	$25.74	Acquired	554290	Direct
2012-11-27	Common Class A	F	33024	$87.98	Disposed	521266	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-27	Common Class A	$25.74	M	60000	Disposed	2016-01-24	Common Class A (60000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Class A - Retirement Plan	20096	Direct