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

Nov 19, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2012-11-19

Reporting Person: Gennette Jeffrey (Chief Merchandising Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-19	Common Stock	M	1875	$14.285	Acquired	26975	Direct
2012-11-19	Common Stock	S	1875	$40.7669	Disposed	25100	Direct
2012-11-19	Common Stock	M	2500	$25.005	Acquired	27600	Direct
2012-11-19	Common Stock	S	2500	$40.7512	Disposed	25100	Direct
2012-11-19	Common Stock	M	10000	$24.85	Acquired	35100	Direct
2012-11-19	Common Stock	S	10000	$40.7343	Disposed	25100	Direct
2012-11-19	Common Stock	M	10000	$20.89	Acquired	35100	Direct
2012-11-19	Common Stock	S	10000	$40.6754	Disposed	25100	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-19	Option to Purchase Common Stock	$14.285	M	1875	Disposed	2013-03-28	Common Stock (1875)	Direct
2012-11-19	Option to Purchase Common Stock	$25.005	M	2500	Disposed	2014-03-26	Common Stock (2500)	Direct
2012-11-19	Option to Purchase Common Stock	$24.85	M	10000	Disposed	2018-03-21	Common Stock (10000)	Direct
2012-11-19	Option to Purchase Common Stock	$20.89	M	10000	Disposed	2020-03-19	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	559	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 November 16, 2012 by $40.18, the stock price of such date.