STEVEN MADDEN, LTD. — Director's Dealing 2011

Dec 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEVEN MADDEN, LTD. (SHOO)
CIK: 0000913241
Period of Report: 2011-12-09

Reporting Person: SINHA AWADHESH K (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-09	Common Stock, par value $0.0001 per share	M	37502	$10.43	Acquired	123752	Direct
2011-12-09	Common Stock, par value $0.0001 per share	S	37502	$35.77	Disposed	86250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-09	Stock Option (Right to Buy)	$10.43	M	37502	Disposed	2015-10-03	Common Stock (37502)	Direct

Footnotes

F1: On May 31, 2011, Steven Madden, Ltd. (the "Company") effected a three-for-two stock split (effected as a stock dividend), which resulted in the reporting person receiving 28,750 additional shares of common stock of the Company.

F2: This option was previously reported as covering 25,001 shares at an exercise price of $15.64 per share, but was adjusted to reflect the three-for-two stock split (effected as a stock dividend) that occurred on May 31, 2011.