SHOE CARNIVAL INC — Director's Dealing 2012

Jan 11, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHOE CARNIVAL INC (SCVL)
CIK: 0000895447
Period of Report: 2012-01-09

Reporting Person: LEMOND MARK L (Director, PRESIDENT AND CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-09	Common Stock	M	11513	$17.12	Acquired	471597	Direct
2012-01-09	Common Stock	S	11513	$24.0053	Disposed	460084	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-09	Non-Qualified Stock Option (right to buy)	$17.12	M	11513	Disposed	2012-04-03	Common Stock (11513)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11500	Indirect

Footnotes

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

F2: These options were set to expire just under three months from date of exercise.