Macy's, Inc. — Director's Dealing 2016

Mar 24, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2016-03-23

Reporting Person: Kantor Jeffrey A (Chief Stores Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-23	Option to Purchase Common Stock	$43.42	A	45941	Acquired	2026-03-23	Common Stock (45941)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5400	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 March 23, 2016 by $43.42, the stock price of such date.

F2: Grant to reporting person of options to purchase 45,941 shares of common stock under the Issuer's 2009 Omnibus Incentive Compensation Plan. The options become exercisable in 25% increments on March 23, 2017, March 23, 2018, March 23, 2019 and March 23, 2020.