X0202 4 2007-03-28 0000006885 STAGE STORES INC SSI 0001353901 Hall Andrew T 10201 MAIN STREET HOUSTON TX 77025 0 1 0 0 President & COO Stock Appreciation Rights (SARS) 22.96 2007-03-28 4 A 0 50000 0.00 A 2008-03-28 2014-03-28 Common Stock 50000 200000 D On March 28, 2007, Mr. Hall was granted Stock Appreciation Rights (SARS) with respect to a total of 50,000 shares of common stock. The grant price for the SARS is $22.96 per share of common stock. The SARS will vest 25% per year on the first of four anniversary dates from the date of grant and expire on March 28, 2014. Includes all derivative securities currently owned by the reporting person including those previously reported and options to purchase 50,000 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/ Andrew Hall 2007-03-30