Adrian Mitchell V. - 23 Nov 2024 Form 4 Insider Report for Macy's, Inc. (M)

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 2024
Net transactions value
-$53,611
Form type
4
Filing time
26 Nov 2024, 16:15:25 UTC
Previous filing
19 Sep 2024
Next filing
19 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction M Common Stock Options Exercise +5,947 +5.5% 114,404 23 Nov 2024 Direct F1
transaction M Common Stock Tax liability $53,611 -3,289 -2.9% $16.30 111,115 23 Nov 2024 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 -100% $0.000000 0 23 Nov 2024 Common Stock 5,947 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 3,289 shares of common stock to satisfy reporting person's tax withholding obligation in connection with the vesting of restricted stock units and delivery of common stock on November 23, 2024 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.