Macy's, Inc. — Director's Dealing 2010

Jan 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2009-12-31

Reporting Person: Connelly Deirdre P (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-31	Phantom Stock Units	$	A	597	Acquired	2012-12-31	Common Stock (597)	Direct

Footnotes

F1: 1-for-1 conversion.

F2: The price noted is the average of the value of the stock units granted each month during the quarter for which this report is filed.