SHOE CARNIVAL INC — Director's Dealing 2020

Mar 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHOE CARNIVAL INC (SCVL)
CIK: 0000895447
Period of Report: 2020-03-18

Reporting Person: Worden Mark J. (PRESIDENT & CHIEF CUSTOMER OFF)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-18	Common Stock	A	14008	$0.0	Acquired	35200	Direct
2020-03-18	Common Stock	A	9518	$0.0	Acquired	44718	Direct

Footnotes

F1: Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock of Shoe Carnival, Inc. (the "Company"). One-third of these restricted stock units will vest on March 31, 2022 and the remaining two-thirds will vest on March 31, 2023, subject to the reporting person's continuous service with the Company through such dates.

F2: On March 20, 2019, the reporting person was granted performance stock units representing a contingent right to receive up to 11,531 shares of common stock at the maximum level of performance, with the number of performance stock units earned to be determined based on the Company's fully diluted earnings per share for fiscal 2019. As determined on March 18, 2020, the reporting person earned 9,518 performance stock units based on the Company's fiscal 2019 performance. One-half of these earned performance stock units will vest on March 31, 2020 and one-half will vest on March 31, 2021, subject to the reporting person's continuous service with the Company through such dates.