Macy's, Inc. — Director's Dealing 2012

Apr 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2012-04-04

Reporting Person: Kantor Jeffrey A (Chairman of macys.com)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-04	Common Stock	M	11168	$31.68	Acquired	36824	Direct
2012-04-04	Common Stock	S	11168	$40.5406	Disposed	25656	Direct
2012-04-04	Common Stock	S	5000	$40.91	Disposed	20656	Direct
2012-04-04	Common Stock	S	5000	$40.64	Disposed	15656	Direct
2012-04-04	Common Stock	S	5000	$40.53	Disposed	10656	Direct
2012-04-04	Common Stock	S	5000	$40.49	Disposed	5656	Direct
2012-04-04	Common Stock	S	5656	$40.39	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-04	Option to Purchase Common Stock	$31.68	M	11168	Disposed	2012-05-08	Common Stock (11168)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6	Indirect
Common Stock	170	Indirect

Footnotes

F1: Reflects the reporting person's interest in Macy's stock 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 April 4, 2012 by $40.91, the stock price of such date.