Adrian Mitchell V. - 23 Nov 2023 Form 4 Insider Report for Macy's, Inc. (M)

Role
EVP, COO & CFO
Signature
/s/ Steven R. Watts, as attorney-in-fact for Adrian V. Mitchell pursuant to a Power of Attorney
Issuer symbol
M
Transactions as of
23 Nov 2023
Net transactions value
-$837,172
Form type
4
Filing time
27 Nov 2023, 11:38:30 UTC
Previous filing
21 Sep 2023
Next filing
19 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction M Common Stock Options Exercise +102,008 +304% 135,600 23 Nov 2023 Direct F1
transaction M Common Stock Sale $837,172 -57,214 -42% $14.63 78,386 24 Nov 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 -5,947 -50% $0.000000 5,947 23 Nov 2023 Common Stock 5,947 Direct F1, F3
transaction M Restricted Stock Units Options Exercise $0 -96,061 -100% $0.000000* 0 23 Nov 2023 Common Stock 96,061 Direct F1, F4
* 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 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 On November 23, 2020, the reporting person was granted 23,787 restricted stock units vesting in four equal installments beginning on the first anniversary of the grant date.
F4 On November 23, 2020, the reporting person was granted 96,061 restricted stock units vesting 100% on the third anniversary of the grant date.