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Designer Brands Inc. Director's Dealing 2012

Oct 2, 2012

33779_dirs_2012-10-02_0e8fae1e-ccbc-47e5-95b7-82a07a78778d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DSW Inc. (DSW)
CIK: 0001319947
Period of Report: 2012-09-28

Reporting Person: MacDonald Michael R (President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-28	Dividend Equivalent Rights	$	A	125.0000	Acquired		Class A Common Shares (125.0000)	Direct

Footnotes

F1: The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) and become exercisable proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of DSW Class A common stock.