DILLARD'S, INC. — Director's Dealing 2017

Sep 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DILLARD'S, INC. (DDS)
CIK: 0000028917
Period of Report: 2017-09-25

Reporting Person: DILLARD MIKE (Director, Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-09-25	Common Class A	A	27	$56.96	Acquired	576406	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Class A - Retirement Plan	37133	Direct
Common Class A	41496	Indirect
Common Class A	7300	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Class B	$		Common Class A (3985776)	3985776	Indirect

Footnotes

F1: These shares are held by W.D. Company, Inc. The reporting person owns 26.3% of W.D. Company, Inc. and is one of its directors and officers.

F2: Trustee of GST Trust

F3: Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis. Class B Common Stock has no expiration date.

F4: These shares of Class B Common Stock were previously reported in Table I and will now be reported in Table II, as a derivative security.