SEC Form 4 · accession 0000794367-17-000017
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 24, 2017
Accepted (ET)
Feb 28, 2017 · 5:24 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 Stock | Feb 24, 2017 | P | 30 | $33.47 | A | 285,070 | D | |
| Common Stock | Feb 24, 2017 | G | 310 | $0.00 | D | 284,760 | D | |
| Common StockF1 | holding | — | — | — | 157,102 | I | By GRATS | |
| Common StockF2 | holding | — | — | — | 2,569 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were previously reported as beneficially owned. On March 26, 2015 the reporting person contributed 156,930 shares to a grantor retained annuity trust ("GRAT #1"). On March 28, 2016, 61,288 shares were transferred back to the reporting person therefore leaving a total of 95,642 shares in GRAT #1. On November 13, 2015, the reporting person contributed 126,294 shares to a grantor retained annuity trust ("GRAT #2"). On February 24, 2017, 64,834 shares were transferred back to the reporting person therefore leaving a total of 61,460 shares in GRAT #2.
- 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 February 24, 2017 by $33.17, the stock price of such date.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney