Adrian V. Mitchell - Mar 21, 2024 Form 4 Insider Report for Macy's, Inc. (M)

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
Mar 21, 2024
Transactions value $
-$293,950
Form type
4
Date filed
3/25/2024, 02:47 PM
Previous filing
Mar 21, 2024
Next filing
Mar 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction M Common Stock Award $0 +35.1K +44.76% $0.00 113K Mar 21, 2024 Direct F1
transaction M Common Stock Tax liability -$23.4K -1.13K -0.99% $20.79 112K Mar 21, 2024 Direct F2
transaction M Common Stock Sale -$271K -13.2K -11.79% $20.42 99.1K Mar 22, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of performance restricted stock units granted March 21, 2024 following the 3-year (fiscal 2021 - 2023) performance period. Number includes 2,792 dividend shares accrued during the performance period.
F2 Withholding by Macy's, Inc. of 1,126 shares of common stock to satisfy reporting person's tax withholding obligation in connection with the vesting of accrued dividends on performance restricted stock units and delivery of common stock on March 21, 2024 and does not represent a discretionary transaction by the reporting person.
F3 Represents the number of shares sold by the reporting person to cover tax withholding obligations upon the vesting of performance restricted shares and does not represent a discretionary transaction by the reporting person.
F4 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $20.325 to $20.63, 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.