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Macy's, Inc. — Director's Dealing 2023
Jul 11, 2023
31035_dirs_2023-07-11_9e990918-743a-4b48-8b51-79ddd909f2e0.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: 2023-07-09
Reporting Person: Kirgan Danielle L. (EVP, Chief Transformation & HR)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-09 | Common Stock | M | 47511 | — | Acquired | 327474 | Direct |
| 2023-07-10 | Common Stock | S | 24202 | $15.9653 | Disposed | 303272 | Direct |
| 2023-07-11 | Common Stock | S | 25000 | $16.6584 | Disposed | 278272 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-09 | Restricted Stock Units | $ | M | 47511 | Disposed | Common Stock (47511) | Direct |
Footnotes
F1: Each restricted stock unit represents the equivalent of one share of the Issuer's common stock.
F2: 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.
F3: The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $15.90 to $16.025, 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.
F4: The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $16.645 to $16.665, 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: On July 9, 2020, the reporting person was granted 190,045 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.