STEVEN MADDEN, LTD. — Director's Dealing 2016

Nov 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEVEN MADDEN, LTD. (SHOO)
CIK: 0000913241
Period of Report: 2016-11-10

Reporting Person: VARELA AMELIA (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-10	Common Stock, par value $0.0001 per share	M	67501	—	Acquired	161409	Direct
2016-11-10	Common Stock, par value $0.0001 per share	F	46931	$39.00	Disposed	114478	Direct
2016-11-11	Common Stock, par value $0.0001 per share	S	8000	$39.83	Disposed	106478	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-10	Stock Option (Right to Buy)	$14.46	M	67501	Disposed	2017-04-01	Common Stock (67501)	Direct

Footnotes

F1: Represents shares withheld to satisfy the reporting person's obligations to pay both the exercise price and withholding taxes incurred in connection with the exercise of a stock option.

F2: The number of shares previously reported under this option is 30,001 shares at an exercise price of $32.53 per share. Such amount was adjusted to reflect three-for-two stock splits (effected as a stock dividend) that occurred on May 31, 2011 and October 1, 2013, resulting in 67,501 shares exercisable at an exercise price of $14.46 per share.