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

Apr 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2011-03-31

Reporting Person: WHITTINGTON MARNA C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-31	Common Stock	M	778	—	Acquired	26989	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-31	Phantom Stock Units	$	M	732	Disposed	2011-03-31	Common Stock (732)	Direct
2011-03-31	Phantom Stock Units	$	A	1	Acquired		Common Stock (1)	Direct

Footnotes

F1: In addition to the shares converted as reported on Table II, the reporting person also acquired 46 shares of common stock paid as dividends on those converted shares resulting from a dividend reinvestment feature of the director's compensation program.

F2: 1-for-1 conversion.

F3: Units are to be settled in Common Stock upon the reporting person's termination from the Board of Directors.

F4: 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.