Adrian V. Mitchell - Nov 23, 2023 Form 4 Insider Report for Macy's, Inc. (M)

Role
EVP, COO & CFO
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, 2023
Transactions value $
-$837,172
Form type
4
Date filed
11/27/2023, 11:38 AM
Previous filing
Sep 21, 2023
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction M Common Stock Options Exercise +102K +303.67% 136K Nov 23, 2023 Direct F1
transaction M Common Stock Sale -$837K -57.2K -42.19% $14.63 78.4K Nov 24, 2023 Direct F2

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 -50% $0.00 5.95K Nov 23, 2023 Common Stock 5.95K Direct F1, F3
transaction M Restricted Stock Units Options Exercise $0 -96.1K -100% $0.00* 0 Nov 23, 2023 Common Stock 96.1K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 by the reporting person.
F3 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.
F4 On November 23, 2020, the reporting person was granted 96,061 restricted stock units vesting 100% on the third anniversary of the grant date.