Filing Details

Accession Number:
0000794367-22-000017
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-25 18:36:42
Reporting Period:
2022-03-24
Accepted Time:
2022-03-25 18:36:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
794367 Macy's Inc. M Retail-Department Stores (5311) 133324058
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1457264 Jeffrey Gennette C/O Macy'S, Inc.
151 West 34Th Street
New York NY 10001
Chairman And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-03-24 190,662 $0.00 423,160 No 4 A Direct
Common Stock Disposition 2022-03-24 10,637 $26.35 412,523 No 4 F Direct
Common Stock Disposition 2022-03-25 89,158 $26.34 323,365 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2022-03-24 161,290 $0.00 161,290 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
161,290 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,448 Indirect By 401(k) Plan
Footnotes
  1. Settlement of performance restricted stock units granted in March 2019 following a 3-year (fiscal 2019 - 2021) performance period. Number includes 19,234 dividend shares accrued during the performance period.
  2. Withholding by Macy's, Inc. of 10,637 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.
  3. 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.
  4. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $26.10 to $26.71, 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.
  5. 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 March 24, 2022 by $26.35 the stock price on such date.
  6. Each restricted stock unit represents the equivalent of one share of the Issuer's common stock.
  7. The restricted stock units vest one-fourth on each of the first, second, third and fourth anniversaries of the date granted.