SEC Info - Harper John T. - ‘4’ for 3/23/20 re: Macy’s, Inc.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Harper John T.

(Last)

(First)

(Middle)

C/O MACY'S, INC.

151 WEST 34TH STREET

(Street)

NEW YORK

10001

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Macy's, Inc. [ M ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Operations Officer

3. Date of Earliest Transaction (Month/Day/Year)
3/23/20

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	3/23/20		M		2,080	A	⁽¹⁾	23,850	D
Common Stock	3/23/20		S		979 ⁽²⁾	D	$4.8911	22,871	D
Common Stock	3/23/20		M		1,838	A	⁽¹⁾	24,709	D
Common Stock	3/23/20		M		13,781	A	⁽¹⁾	38,490	D
Common Stock	3/23/20		S		5,144 ⁽²⁾	D	$5.5835	33,346	D
Common Stock								23,686 ⁽³⁾	I	By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	3/23/20		M			2,080	⁽⁴⁾	⁽⁴⁾	Common Stock	2,080	⁽¹⁾	6,242	D
Restricted Stock Units	⁽¹⁾	3/23/20		M			13,781	⁽⁵⁾	⁽⁵⁾	Common Stock	13,781	⁽¹⁾	0	D
Restricted Stock Units	⁽¹⁾	3/23/20		M			1,838	⁽⁶⁾	⁽⁶⁾	Common Stock	1,838	⁽¹⁾	3,675	D

Explanation of Responses:

(1) One-for-one conversion

(2) 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.

(3) Reflects the reporting person's interest in Macy's stock under the Issuer's 401(k) plan, derived by dividing the value of the undivided interest of the reporting person in the applicable investment fund as of March 24, 2020 by $5.66, the stock price of such date.

(4) On March 21, 2019, the reporting person was granted 8,322 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date.

(5) On March 23, 2018, the reporting person was granted 27,563 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date.

(6) On March 23, 2018, the reporting person was granted 7350 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.

	/s/Steven R. Watts, as attorney-in-fact for John T. Harper pursuant to a Power of Attorney	3/25/20
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

____________ Transaction Codes:
M	Exercise or conversion of derivative security exempted pursuant to Rule 16b-3.
S	Open market or private sale of non-derivative or derivative security.

Harper John T. – ‘4’ for 3/23/20 re: Macy’s, Inc.

On: Wednesday, 3/25/20, at 4:55pm ET · For: 3/23/20 · Accession #: 794367-20-33 · File #: 1-13536

Previous ‘4’: ‘4’ on 3/3/20 for 2/28/20 · Next: ‘4’ on 7/10/20 for 7/9/20 · Latest: ‘4’ on 7/13/21 for 7/9/21

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Harper John T. – ‘4’ for 3/23/20 re: Macy’s, Inc.

On: Wednesday, 3/25/20, at 4:55pm ET · For: 3/23/20 · Accession #: 794367-20-33 · File #: 1-13536

Previous ‘4’: ‘4’ on 3/3/20 for 2/28/20 · Next: ‘4’ on 7/10/20 for 7/9/20 · Latest: ‘4’ on 7/13/21 for 7/9/21

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents