Macy's, Inc. — Director's Dealing 2013

Nov 21, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2013-11-20

Reporting Person: HOGUET KAREN M (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-20	Common Stock	M	16871	$8.76	Acquired	205427	Direct
2013-11-20	Common Stock	S	16871	$51	Disposed	188556	Direct
2013-11-21	Common Stock	M	15148	$8.76	Acquired	203704	Direct
2013-11-21	Common Stock	S	15148	$51	Disposed	188556	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-20	Option to Purchase Common Stock	$8.76	M	16871	Disposed	2019-03-20	Common Stock (16871)	Direct
2013-11-21	Option to Purchase Common Stock	$8.76	M	15148	Disposed	2019-03-20	Common Stock (15148)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2720	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 20, 2013 by $50.96, the stock price of such date.