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

Mar 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2020-02-28

Reporting Person: Gennette Jeffrey (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-28	Common Stock	A	127060	—	Acquired	231113	Direct
2020-02-28	Common Stock	F	10918	$13.23	Disposed	220195	Direct
2020-03-02	Common Stock	S	47190	$12.7191	Disposed	173005	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4099.7347	Indirect

Footnotes

F1: Settlement of performance restricted stock units granted in March 2017 following a 3-year ( fiscal 2017-2019) performance period. Number includes 20,513 dividend shares accrued during the performance period.

F2: Withholding by Macy's, Inc. of 10,918 shares of common stock to satisfy reporting person's tax withholding obligations in connection with the vesting of accrued dividends on performance restricted stock units and delivery of common stock on February 28, 2020.

F3: 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 28, 2020 by $13.23, the stock price of such date.