X0303 4 2010-11-17 0000812900 SAKS INC SKS 0001186880 DE WAAL RONALD SAKS INCORPORATED 12 EAST 49TH STREET NEW YORK NY 10017 1 0 0 0 Common Stock 2010-11-17 4 M 0 5508 6.5165 A 58065 D Common Stock 2010-11-17 4 S 0 5508 11.2095 D 52557 D Common Stock 2010-11-17 4 M 0 4133 7.7078 A 56690 D Common Stock 2010-11-17 4 S 0 4133 11.2095 D 52557 D Common Stock 2010-11-17 4 M 0 11018 5.4228 A 63575 D Common Stock 2010-11-17 4 S 0 11018 11.2095 D 52557 D Common Stock 2010-11-17 4 S 0 2755 11.2095 D 49802 D Common Stock 50000 I By Inter-him N.V. Employee Stock Option Right to Buy 6.5165 2010-11-17 4 M 0 5508 0 D 2011-06-13 Common Stock 5508 0 D Employee Stock Option Right to Buy 7.7078 2010-11-17 4 M 0 4133 0 D 2012-06-19 Common Stock 4133 0 D Employee Stock Option Right to Buy 5.4228 2010-11-17 4 M 0 11018 0 D 2013-06-11 Common Stock 11018 0 D Option vested as follows: 20% on 12/13/2001; 20% on 6/13/2002; 20% on 6/13/2003; 20% on 6/13/2004; and 20% on 6/13/2005. Option vested as follows: 20% on 12/19/2002; 20% on 6/19/2003; 20% on 6/19/2004; 20% on 6/19/2005; and 20% on 6/19/2006. Option vested as follows: 25% on 6/11/2004; 25% on 6/11/2005; 25% on 6/11/2006; and 25% on 6/11/2007. The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.15 to $11.33, inclusive. The reporting person undertakes to provide to Saks Incorporated, any security holder of Saks Incorporated, 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. Michael Santora on behalf of Ronald de Waal 2010-11-19