Elisa Garcia C. - Mar 23, 2023 Form 4 Insider Report for Macy's, Inc. (M)

Role
EVP, CLO & Secretary
Signature
/s/ Steven R. Watts, as attorney-in-fact for Elisa D. Garcia pursuant to a Power of Attorney
Stock symbol
M
Transactions as of
Mar 23, 2023
Transactions value $
-$594,654
Form type
4
Date filed
3/24/2023, 04:46 PM
Previous filing
Jul 12, 2022
Next filing
Mar 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction M Common Stock Award $0 +84.9K +99.2% $0.00 170K Mar 23, 2023 Direct F1
transaction M Common Stock Tax liability -$595K -34.6K -20.3% $17.19 136K Mar 23, 2023 Direct F2
* 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 in July 2020 following the performance period (July 2020 - fiscal year 2022). Number includes 3,413 dividend shares accrued during the performance period.
F2 Withholding by Macy's, Inc. of 34,593 shares of common stock to satisfy reporting person's tax withholding obligation in connection with the vesting of performance restricted stock units, including accrued dividends on such performance restricted stock units, and delivery of common stock on March 23, 2023 and does not represent a discretionary transaction by the reporting person.