Adrian V. Mitchell - Nov 23, 2022 Form 4 Insider Report for Macy's, Inc. (M)

Role
EVP, Chief Financial Officer
Signature
/s/ Steven R. Watts, as attorney-in-fact for Adrian V. Mitchell pursuant to a Power of Attorney
Stock symbol
M
Transactions as of
Nov 23, 2022
Transactions value $
-$77,035
Form type
4
Date filed
11/28/2022, 02:03 PM
Previous filing
Sep 22, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction M Common Stock Options Exercise +5.95K +60.35% 15.8K Nov 23, 2022 Direct F1
transaction M Common Stock Sale -$77K -3.26K -20.6% $23.67 12.5K Nov 25, 2022 Direct F2, F3

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 -5.95K -33.33% $0.00 11.9K Nov 23, 2022 Common Stock 5.95K Direct F1, F4
* 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 $23.6350 to $23.6750, 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 On November 23, 2020, the reporting person was granted 23,787 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.