STEVEN MADDEN, LTD. — Director's Dealing 2021

May 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEVEN MADDEN, LTD. (SHOO)
CIK: 0000913241
Period of Report: 2019-11-01

Reporting Person: SINHA AWADHESH K (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-01	Common Stock, par value $0.0001 per share	S	14943	$41.13	Disposed	71824	Direct
2019-12-17	Common Stock, par value $0.0001 per share	F	5464	$42.32	Disposed	66360	Direct
2020-01-02	Common Stock, par value $0.0001 per share	A	11598	$43.11	Acquired	77958	Direct
2021-05-11	Common Stock, par value $0.0001 per share	S	20239	$43.0734	Disposed	57719	Direct

Footnotes

F1: The Form 4 filed by the reporting person on November 5, 2019, which reported a transaction that occurred after the stock split referenced in footnote 2 of this Form 4/A understated by 28,922 the number of shares owned by the reporting person following the reported transaction as a result of the omission of the 28,922 shares received by the reporting person in the stock split. This Form 4/A corrects the mistake on the original Form 4 by showing an increase of 28,922 shares in the number reported on the original Form 4. As a consequence, 42,902, rather than 71,824 (reflecting the correct number of shares beneficially owned), were reported as owned by the reporting person in the Form 4 filed on December 6, 2018.

F2: On October 11, 2018, the Company effected a three-for-two stock split (effected as a stock dividend), which resulted in the reporting person receiving 28,922 additional shares of Common Stock of Steven Madden, Ltd. (the "Company").

F3: Represents shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of 16,079 shares of restricted common stock of the Company.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.0305 to $43.16, inclusive. The reporting person undertakes to provide to 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.