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

Mar 23, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2010-03-19

Reporting Person: COSBY MARK (President - Stores)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-21	Common Stock	F	1534	$20.68	Disposed	10206	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-19	Options to Purchase Common Stock	$20.89	A	31534	Acquired	2020-03-19	Common Stock (31534)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	167	Indirect

Footnotes

F1: Reflects matching contributions under the Issuer's 401(k) plan, derived by dividing the value of the undivided interest of the reporting person in the applicable investment fund as of March 19, 2010 by $20.89, the stock price of such date.

F2: Grant to reporting person of options to purchase 31,534 shares of common stock under the Issuer's 2009 Omnibus Incentive Compensation Plan. The options become exercisable in 25% increments on March 19, 2011, March 19, 2012, March 19, 2013 and March 19, 2014.