SHOE CARNIVAL INC — Director's Dealing 2012

Jan 27, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHOE CARNIVAL INC (SCVL)
CIK: 0000895447
Period of Report: 2012-01-25

Reporting Person: SIFFORD CLIFTON E (EVP - GENERAL MERCHANDISE MGR)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-25	Common Stock	M	2575	$12.67	Acquired	68681	Direct
2012-01-25	Common Stock	S	2575	$25.8	Disposed	66106	Direct
2012-01-26	Common Stock	M	7425	$12.67	Acquired	73531	Direct
2012-01-26	Common Stock	S	7425	$25.8	Disposed	66106	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-25	Non-Qualified Stock Option (right to buy)	$12.67	M	2575	Disposed	2013-03-11	Common Stock (2575)	Direct
2012-01-26	Non-Qualified Stock Option (right to buy)	$12.67	M	7425	Disposed	2013-03-11	Common Stock (7425)	Direct

Footnotes

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