X0306 4 2014-03-28 0 0000794367 Macy's, Inc. M 0001377921 Sachse Peter R C/O MACY'S, INC. 151 WEST 34TH STREET NEW YORK NY 10001 0 1 0 0 Chief Stores Officer Common Stock 2424 I By 401(k) Plan Option to Purchase Common Stock 58.92 2014-03-28 4 A 0 27792 0 A 2024-03-28 Common Stock 27792 27792 D 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 31, 2014 by $59.29, the stock price of such date. Grant to reporting person of options to purchase 27,792 shares of common stock under the Issuer's 2009 Omnibus Incentive Compensation Plan. The options become exercisable in 25% increments on March 28, 2015, March 28, 2016, March 28, 2017 and March 28, 2018. /s/ Linda J. Balicki, as attorney-in-fact for Peter R. Sachse pursuant to a Power of Attorney 2014-04-01