PAUL C. VARGA - 19 May 2023 Form 4 Insider Report for Macy's, Inc. (M)

Role
Director
Signature
/s/ Christopher M. Kelly, as attorney-in-fact for Paul C. Varga pursuant to a Power of Attorney
Issuer symbol
M
Transactions as of
19 May 2023
Transactions value $
$0
Form type
4
Filing time
22 May 2023, 17:07:22 UTC
Previous filing
27 Apr 2023
Next filing
09 Jan 2024
SEC
View on sec.gov

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 +10.8K $0.00 10.8K 19 May 2023 Common Stock 10.8K 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.