Macy's, Inc. — Director's Dealing 2014

Mar 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2014-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-28	Common Stock	A	53064	—	Acquired	73486	Direct
2014-03-03	Common Stock	S	30093	$56.9932	Disposed	43393	Direct
2014-02-28	Common Stock	M	45859	$24.85	Acquired	89252	Direct
2014-02-28	Common Stock	S	45859	$57.8102	Disposed	43393	Direct
2014-02-28	Common Stock	M	25000	$8.76	Acquired	68393	Direct
2014-02-28	Common Stock	S	25000	$57.8139	Disposed	43393	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-28	Option to Purchase Common Stock	$24.85	M	45859	Disposed	2018-03-21	Common Stock (45859)	Direct
2014-02-28	Option to Purchase Common Stock	$8.76	M	25000	Disposed	2019-03-20	Common Stock (25000)	Direct

Footnotes

F1: Settlement of performance-based restricted stock units following a 3-year (2011-2013) performance period. Number includes 2,678 dividend shares accrued during the performance period.