X0305 4 2012-03-27 0000014707 BROWN SHOE CO INC BWS 0001097993 BAEZA MARIO 200 PARK AVE STE 2100 NEW YORK NY 10166 1 Common Stock 2012-03-27 4 P 0 1000 9.68 A 1000 D The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $9.6781 to $9.68, inclusive. The reporting person undertakes to provide to Brown Shoe Company, Inc., any security holder of Brown Shoe Company, Inc., 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 (1) to this Form 4. Sarah Stephenson, Attny in Fact for Mario Baeza 2012-03-28