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Macy's, Inc. — Director's Dealing 2022
Mar 25, 2022
31035_dirs_2022-03-25_1547b4f3-09dd-4312-a2b0-3698783603c3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Macy's, Inc. (M)
CIK: 0000794367
Period of Report: 2022-03-24
Reporting Person: Kirgan Danielle L. (EVP, Chief Transformation Off)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-24 | Common Stock | A | 31555 | — | Acquired | 96193 | Direct |
| 2022-03-24 | Common Stock | F | 1147 | $26.35 | Disposed | 95046 | Direct |
| 2022-03-25 | Common Stock | S | 10222 | $26.3466 | Disposed | 84824 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-24 | Restricted Stock Units | $ | A | 34155 | Acquired | Common Stock (34155) | Direct |
Footnotes
F1: Settlement of performance restricted stock units granted in March 2019 following a 3-year (fiscal 2019 - 2021) performance period. Number includes 3,181 dividend shares accrued during the performance period.
F2: Withholding by Macy's, Inc. of 1,147 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 March 24, 2022 and does not represent a discretionary transaction by the reporting person.
F3: Represents the number of shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares and does not represent a discretionary transaction by the reporting person.
F4: The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $26.11 to $26.765, inclusive. The reporting person undertakes to provide to Macy's, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to the Form 4.
F5: Each restricted stock unit represents the equivalent of one share of the Issuer's common stock.
F6: The restricted stock units vest one-fourth on each of the first, second, third and fourth anniversaries of the date granted.