Macy's, Inc. — Director's Dealing 2020

Nov 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2020-11-20

Reporting Person: Griscom Paul (SVP and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-20	Common Stock	M	1923	—	Acquired	2783	Direct
2020-11-20	Common Stock	F	571	$9.05	Disposed	2212	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-20	Restricted Stock Units	$	M	1923	Disposed	2020-11-20	Common Stock (1923)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	172.1657	Indirect

Footnotes

F1: Each restricted stock unit represented a contingent right to receive one share of Macy's, Inc. Common Stock.

F2: Represents the withholding by Macy's, Inc. of 571 shares of common stock to satisfy reporting person's tax withholding obligation in connection with the vesting of restricted stock units and delivery of common stock on November 20, 2020.

F3: Reflects the reporting person's interest in Macy's, Inc. 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 November 20, 2020 by $9.05, the stock price on such date.

F4: On November 20, 2017 the reporting person was granted 1,923 restricted stock units vesting 100% on the third anniversary of the grant date.