SEC Form 4 · accession 0000794367-15-000089
Macy's, Inc. · M
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter R Sachse
Officer — Chief Innovation/Bus.Devel.Ofc
Period of report
Apr 8, 2015
Accepted (ET)
Apr 9, 2015 · 10:26 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000794367
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 8, 2015 | M | 74,438 | $23.43 | A | 158,058 | D | |
| Common Stock | Apr 8, 2015 | S | 74,438 | $68.9544 | D | 83,620 | D | |
| Common StockF1 | Apr 8, 2015 | S | 14,520 | $68.88 | D | 69,100 | D | |
| Common Stock | holding | — | — | — | 6,214 | I | By wife | |
| Common StockF2 | holding | — | — | — | 2,476 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common Stock | $23.43 | Apr 8, 2015 | M | 74,438 | D | Mar 25, 2012 | Mar 25, 2021 | Common Stock | 74,438 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $68.87 to $68.89, inclusive. The reporting person undertakes to provide Macy's, Inc., any security holder of Macy's, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Reflects 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 April 8, 2015 by $69.80, the stock price of such date.