Paul Griscom - Nov 19, 2021 Form 4 Insider Report for Macy's, Inc. (M)

Signature
/s/ Steven R. Watts, as attorney-in-fact for Paul Griscom pursuant to a Power of Attorney
Stock symbol
M
Transactions as of
Nov 19, 2021
Transactions value $
-$15,682
Form type
4
Date filed
11/22/2021, 03:17 PM
Previous filing
Sep 27, 2021
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction M Common Stock Options Exercise +1.51K +45.47% 4.83K Nov 19, 2021 Direct F1
transaction M Common Stock Sale -$15.7K -452 -9.35% $34.70 4.38K Nov 22, 2021 Direct F2, F3
holding M Common Stock 171 Nov 19, 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 -1.51K -100% $0.00* 0 Nov 19, 2021 Common Stock 1.51K 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 $34.6950 to $34.7101, 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.
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 November 19, 2021 by $34.71, the stock price on such date.
F5 On November 19, 2018 the reporting person was granted 1,511 restricted stock units vesting 100% on the third anniversary of the grant date.