DILLARD'S, INC. — Director's Dealing 2016

Jan 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DILLARDS INC (DDS)
CIK: 0000028917
Period of Report: 2016-01-04

Reporting Person: DILLARD ALEX (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-04	Common Class A	G	1146	—	Disposed	920530	Direct
2015-12-16	Common Class A	G	404	—	Disposed	920126	Direct
2016-01-04	Common Class A	A	174	$66.49	Acquired	1002105	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Class A - Retirement Plan	0	Direct
Common Class A	41496	Indirect
Common Class A	7300	Indirect
Common Class A	36000	Indirect
Common Class B	3985776	Indirect

Footnotes

F1: These shares are held by W.D. Company. The reporting person owns 27.93% of W.D. Company and is one of its directors.

F2: Trustee of GST Trust

F3: Owned by Spouse

F4: Between February 1, 2015 and January 02, 2016, the reporting person acquired 356 shares of Dillard Common Class A stock under the 401(k) plan. This acquisition is exempt under Rule 16b-3(c). Shares totaling 81,805 were distributed from the plan during the period.

F5: The total amount of securities includes distributed shares discussd in Footnote 4.