X0202 4/A 2006-05-26 2006-05-26 0001060232 PAYLESS SHOESOURCE INC /DE/ PSS 0001175751 WHEELER ROBERT C 3231 S.E. SIXTH AVENUE TOPEKA KS 66607 1 0 0 0 Phantom Stock Units 0 2006-05-25 4 A 0 1955 25.57 A Common Stock 1955 14789 D These phantom stock units were acquired under the Company's Deferred Compensation and Restricted Stock Plans for Non-Management Directors and will be settled in shares of stock on a one-for-one basis following termination of service as a Director. The total has been adjusted for the amendment to the Form 4 reporting a transaction on 9/20/01, and a fractional share. Both of the changes were impacted by a three for one split of the Company's common stock to stockholders of record as of March 13, 2003. Harold J. Herman, Attorney-in-fact 2007-01-31