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

Mar 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2016-02-26

Reporting Person: Sachse Peter R (Chief Growth Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-26	Common Stock	A	9903	—	Acquired	69003	Direct
2016-02-29	Common Stock	S	9903	$43.2415	Disposed	59100	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6214	Indirect
Common Stock	2539	Indirect

Footnotes

F1: Settlement of performance-based restricted stock units following a 3-year (2013-2015) performance period. Number includes 578 dividend shares accrued during the performance period.

F2: 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 29, 2016 by $43.21, the stock price of such date.