Macy's, Inc. — Director's Dealing 2011

May 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2011-05-13

Reporting Person: Adams Tim M (Chief Private Brand Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-13	Common Stock	M	35000	$14.285	Acquired	39071	Direct
2011-05-13	Common Stock	S	35000	$28.5442	Disposed	4071	Direct
2011-05-13	Common Stock	S	4071	$28.49	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-13	Option to Purchase Common Stock	$14.285	M	35000	Disposed	2013-03-28	Common Stock (35000)	Direct