Torrence Boone - May 21, 2021 Form 4 Insider Report for Macy's, Inc. (M)

Role: Director
Signature: /s/ Steven R. Watts, as attorney-in-fact for Torrence Boone pursuant to a Power of Attorne
Stock symbol: M
Transactions as of: May 21, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/24/2021, 02:58 PM
Next filing: May 24, 2022

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	Award	$0	+8.52K		$0.00	8.52K	May 21, 2021	Common Stock	8.52K		Direct	F1, F2

* 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	The restricted stock units vest on the earlier of one year from the grant date or the date of the Issuer's next annual meeting of shareholders. The vested shares will be automatically deferred and delivered to the reporting person six months after the reporting person's service on the Issuer's Board of Directors ends.