Antony Spring - Mar 21, 2023 Form 4 Insider Report for Macy's, Inc. (M)

Signature
/s/ Steven R. Watts, as attorney-in-fact for Antony Spring pursuant to a Power of Attorney
Stock symbol
M
Transactions as of
Mar 21, 2023
Transactions value $
-$19,669
Form type
4
Date filed
3/22/2023, 04:59 PM
Previous filing
Jul 12, 2022
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction M Common Stock Options Exercise +2.94K +2.66% 114K Mar 21, 2023 Direct F1
transaction M Common Stock Tax liability -$19.7K -1.05K -0.92% $18.75 112K Mar 21, 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 -2.94K -100% $0.00* 0 Mar 21, 2023 Common Stock 2.94K Direct F1, F3
* 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 Withholding by Macy's, Inc. of 1,049 shares of common stock to satisfy reporting person's tax withholding obligations in connection with the vesting of restricted stock units and delivery of common stock on March 21, 2023 and does not represent a discretionary transaction by the reporting person.
F3 On March 21, 2019, the reporting person was granted 11,776 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.