SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

DAVIDO SCOTT J

(Last)

(First)

(Middle)

10201 MAIN STREET

(Street)

HOUSTON

77025

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
STAGE STORES INC [ SSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2007

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/04/2007		M		1,876	A	$6.67	9,062⁽¹⁾	D
Common Stock	06/04/2007		M		9,375	A	$7.22	18,437	D
Common Stock	06/04/2007		M		5,625	A	$9.86	24,062	D
Common Stock	06/04/2007		M		2,812	A	$16.67	26,874	D
Common Stock	06/04/2007		M		2,812	A	$17.37	29,686	D
Common Stock	06/04/2007		S		22,500	D	$20.87	7,186	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option	$6.67	06/04/2007		M			1,876	08/24/2005	08/24/2011	Common Stock	1,876	$6.67	26,250⁽²⁾	D
Stock Option	$7.22	06/04/2007		M			3,750	08/24/2003	08/24/2011	Common Stock	3,750	$7.22	22,500	D
Stock Option	$7.22	06/04/2007		M			1,875	08/24/2004	08/24/2011	Common Stock	1,875	$7.22	20,625	D
Stock Option	$7.22	06/04/2007		M			3,750	08/24/2005	08/24/2011	Common Stock	3,750	$7.22	16,875	D
Stock Option	$9.86	06/04/2007		M			2,812	05/29/2005	05/29/2013	Common Stock	2,812	$9.86	14,063	D
Stock Option	$9.86	06/04/2007		M			2,813	05/29/2007	05/29/2013	Common Stock	2,813	$9.86	11,250	D
Stock Option	$16.67	06/04/2007		M			2,812	06/03/2006	06/03/2014	Common Stock	2,812	$16.67	8,438	D
Stock Option	$17.37	06/04/2007		M			2,812	06/02/2007	06/02/2012	Common Stock	2,812	$17.37	5,626	D

Explanation of Responses:

1. Includes all non-derivative securities currently owned by the reporting person including those previously reported and 2,395 shares of the issuer's common stock received by the reporting person on January 31, 2007 as a result of the three-for-two split of the issuer's common stock payable as a stock dividend to all holders of record of the issuer's common stock at the close of business on January 18, 2007.

2. Includes all derivative securities currently owned by the reporting person including those previously reported and options to purchase 9,375 shares of the issuer's common stock received by the reporting person on January 31, 2007 as a result of the three-for-two split of the issuer's common stock payable as a stock dividend to all holders of record of the issuer's common stock at the close of business on January 18, 2007 and the antidilution provisions of the issuer's Amended and Restated 2001 Equity Incentive Plan as approved by the issuer's shareholders on June 3, 2004.

	/s/ R.E. Stasyszen, Attorney in Fact for Scott Davido	06/05/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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