SHOE CARNIVAL INC — Director's Dealing 2004

Jun 22, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHOE CARNIVAL INC (SCVL)
CIK: 0000895447
Period of Report: 2004-06-22

Reporting Person: BAKER TIMOTHY T (EXEC. VP - STORE OPERATIONS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-06-21	Common Stock	M	3200	$4.38	Acquired	11192	Direct
2004-06-21	Common Stock	S	3200	$13	Disposed	7992	Direct
2004-06-22	Common Stock	M	2800	$4.38	Acquired	10792	Direct
2004-06-22	Common Stock	S	2800	$13	Disposed	7992	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-06-21	Incentive Stock Option (right to buy)	$4.38	M	3200	Disposed	2010-12-10	Common Stock (3200)	Direct
2004-06-22	Incentive Stock Option (right to buy)	$4.38	M	2800	Disposed	2010-12-10	Common Stock (2800)	Direct

Footnotes

F1: The option becomes exercisable in thirds, commencing one year after the date of grant.