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

Apr 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2014-04-04

Reporting Person: Sachse Peter R (Chief Stores Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-04	Common Stock	M	18014	$36.26	Acquired	126734	Direct
2014-04-04	Common Stock	S	18014	$61.0043	Disposed	108720	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-04	Option to Purchase Common Stock	$36.26	M	18014	Disposed	2016-03-24	Common Stock (18014)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6214	Indirect
Common Stock	2434	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, 2014 by $59.74, the stock price of such date.