STEVEN MADDEN, LTD. — Director's Dealing 2015

Mar 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEVEN MADDEN, LTD. (SHOO)
CIK: 0000913241
Period of Report: 2015-03-17

Reporting Person: SCHMERTZ ROBERT (Brand Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-17	Common Stock, par value $0.0001 per share	S	20000	$37.00	Disposed	310694	Direct
2015-03-20	Common Stock, par value $0.0001 per share	A	20000	—	Acquired	330694	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.74 to $37.20, inclusive. The reporting person undertakes to provide to Steven Madden, Ltd. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: Reflects restricted stock grant made to the reporting person on March 20, 2015 under the Steven Madden, Ltd. 2006 Stock Incentive Plan (the "Plan"), which stock will vest in three (3) annual installments as follows: 6,666 shares on March 20, 2018, 6,667 shares on March 20, 2019 and 6,667 shares on March 20, 2020, subject to forfeiture pursuant to the terms of the Plan.