SEC Form 4 · accession 0000794367-16-000185
Macy's, Inc. · M
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry J Lundgren
Officer — Chairman and CEO · Director
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 5:12 pm EST
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 StockF1 | Feb 26, 2016 | A | 57,961 | $0.00 | A | 188,071 | D | |
| Common Stock | Feb 29, 2016 | S | 29,153 | $43.2329 | D | 158,918 | D | |
| Common StockF2 | holding | — | — | — | 283,224 | I | By GRATS | |
| Common StockF3 | holding | — | — | — | 2,464 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Settlement of performance-based restricted stock units following a 3-year (2013-2015) performance period. Number includes 3,416 dividend shares accrued during the performance period.
- F2These shares were previously reported as directly beneficially owned, but 156,930 shares were contributed to a grantor retained annuity trust (GRAT) on March 26, 2015 and 126,294 shares were transferred to a GRAT on November 13, 2015.
- F3Reflects 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 February 29, 2016 by $43.21, the stock price of such date.