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

May 21, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2013-05-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-17	Common Stock	M	25000	$8.76	Acquired	71422	Direct
2013-05-17	Common Stock	S	25000	$48.137	Disposed	46422	Direct
2013-05-17	Common Stock	M	15000	$30.535	Acquired	61422	Direct
2013-05-17	Common Stock	S	15000	$48.1396	Disposed	46422	Direct
2013-05-17	Common Stock	S	12443	$48.4212	Disposed	33979	Direct
2013-05-17	Common Stock	S	2700	$48.44	Disposed	31279	Direct
2013-05-17	Common Stock	S	857	$48.43	Disposed	30422	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-17	Option to Purchase Common Stock	$8.76	M	25000	Disposed	2019-03-20	Common Stock (25000)	Direct
2013-05-17	Option to Purchase Common Stock	$30.535	M	15000	Disposed	2015-03-25	Common Stock (15000)	Direct