X0306 4 2017-09-08 0 0000794367 Macy's, Inc. M 0001647222 Lawton III Harry A C/O MACY'S, INC. 7 WEST SEVENTH STREET CINCINNATI OH 45202 0 1 0 0 President Options to Purchase Common Stock 21.32 2017-09-08 4 A 0 956937 0 A 2027-09-08 Common Stock 956937 956937 D Restricted Stock Units 2017-09-08 4 A 0 164165 0 A Common Stock 164165 164165 D Grant to reporting person of options to purchase 956,937 shares of common stock under the Issuer's Amended and Restated 2009 Omnibus Incentive Compensation Plan. The options become exercisable in one third increments on September 8, 2018, September 8, 2019 and September 8, 2020. Each restricted stock unit represents a contingent right to receive one share of Macy's, Inc. common stock. The restricted stock units vest one-third on each of the first, second and third anniversaries of the date granted. /s/ Steven R. Watts, as attorney-in-fact for Harry A. Lawton III pursuant to a Power of Attorney 2017-09-12