SEC Form 4 · accession 0000794367-18-000014
Macy's, Inc. · M
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen M Hoguet
Officer — Chief Financial Officer
Period of report
Mar 1, 2018
Accepted (ET)
Mar 2, 2018 · 2:16 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 | Mar 1, 2018 | M | 67,515 | $24.85 | A | 67,515 | D | |
| Common Stock | Mar 1, 2018 | S | 31,515 | $29.36 | D | 36,000 | D | |
| Common Stock | Mar 1, 2018 | S | 36,000 | $29.42 | D | 0 | D | |
| Common StockF1 | holding | — | — | — | 3,165 | 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 StockF2 | $24.85 | Mar 1, 2018 | M | 67,515 | D | — | Mar 21, 2018 | Common Stock | 67,515 | 0 | D |
Explanation of responses
- F1Reflects 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 1, 2018 by $29.25, the stock price on such date.
- F2Grant to reporting person of options to purchase 67,515 shares of common stock under the Issuer's 1995 Executive Equity Incentive Plan. The options became exercisable in 25% increments on March 21, 2009, March 21, 2010, March 21, 2011 and March 21, 2012.