Paul Griscom - Sep 4, 2021 Form 4 Insider Report for Macy's, Inc. (M)

Role
SVP and Controller
Signature
/s/ Steven R. Watts, as attorney-in-fact for Paul Griscom pursuant to a Power of Attorney
Stock symbol
M
Transactions as of
Sep 4, 2021
Transactions value $
-$26,491
Form type
4
Date filed
9/8/2021, 01:58 PM
Previous filing
Jul 13, 2021
Next filing
Sep 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction M Common Stock Options Exercise +4.08K +189.51% 6.24K Sep 4, 2021 Direct F1
transaction M Common Stock Sale -$26.5K -1.22K -19.49% $21.79 5.02K Sep 7, 2021 Direct F2, F3
holding M Common Stock 192 Sep 4, 2021 By 401(k) Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction M Restricted Stock Units Options Exercise $0 -4.08K -25% $0.00 12.3K Sep 4, 2021 Common Stock 4.08K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-for-one conversion.
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 by the reporting person.
F3 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $21.7850 to $21.8450, 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 sold at each separate price within the ranges set forth in this footnote to the Form 4.
F4 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 September 7, 2021 by $21.93, the stock price on such date.
F5 On September 4, 2020, the reporting person was granted 16,339 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date.