STEVEN MADDEN, LTD. — Director's Dealing 2011

Aug 15, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEVEN MADDEN, LTD. (SHOO)
CIK: 0000913241
Period of Report: 2011-08-11

Reporting Person: MIGLIORINI PETER (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-11	Common Stock, par value $0.0001 per share	M	1875	$6.21	Acquired	8625	Direct
2011-08-11	Common Stock, par value $0.0001 per share	S	1875	$36.00	Disposed	6750	Direct
2011-08-11	Common Stock, par value $0.0001 per share	S	4500	$36.00	Disposed	2250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-11	Stock Option (Right to Buy)	$6.21	M	1875	Disposed	2012-05-17	Common Stock (1875)	Direct

Footnotes

F1: This option was previously reported as covering 1,250 shares at an exercise price of $9.32, but was adjusted to reflect the three-for-two stock split (effected as a stock dividend) that occurred on May 31, 2011.