Macy's, Inc. — Director's Dealing 2015

Feb 10, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2015-02-01

Reporting Person: BAXTER TIMOTHY G (Chief Merchandising Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	534	Direct
Common Stock	2578	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Purchase Common Stock	$23.43	2021-03-25	Common Stock (750)		Direct
Option to Purchase Common Stock	$39.84	2022-03-23	Common Stock (3000)		Direct
Option to Purchase Common Stock	$41.67	2023-03-19	Common Stock (5625)		Direct
Option to Purchase Common Stock	$58.92	2024-03-28	Common Stock (7500)		Direct
Restricted Stock Units	$		Common Stock (2510)		Direct
Restricted Stock Units	$		Common Stock (4799)		Direct
Restricted Stock Units	$		Common Stock (4243)		Direct

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 February 6, 2015 by $63.73, the stock price of such date.

F2: Options become exercisable as follows: 750 on March 25, 2015.

F3: Options become exercisable as follows: 1,500 on March 23, 2015 and 1,500 on March 23, 2016.

F4: Options become exercisable as follows: 1,875 on March 19, 2015; 1,875 on March 19, 2016 and 1,875 on March 19, 2017.

F5: Options become exercisable as follows: 1,875 on March 28, 2015; 1,875 on March 28, 2016; 1,875 on March 28, 2017 and 1,875 on March 28, 2018.

F6: The restricted stock units vest on March 23, 2015.

F7: Each restricted stock unit represents a contingent right to receive one share of Macy's common stock.

F8: The restricted stock units vest on March 19, 2016.

F9: The restricted stock units vest on March 28, 2017.