C Elisa Garcia, EVP of Macy's Inc, recently acquired 20,191 shares of the company. The buys took place at prices ranging from $0.00 to $26.35 per share, on dates ranging from March 24 to March 25, 2022. Garcia now owns 64,247 shares of the company. Garcia operates out of New York, NY. Some additional info was provided as follows:
Settlement of performance restricted stock units granted in March 2019 following a 3-year (fiscal 2019 - 2021) performance period. Number includes 3,181 dividend shares accrued during the performance period.
Withholding by Macy's, Inc. of 1,147 shares of common stock to satisfy reporting person's tax withholding obligations in connection with the vesting of accrued dividends on performance restricted stock units and delivery of common stock on March 24, 2022 and does not represent a discretionary transaction by the reporting person.
Represents the number of shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares and does not represent a discretionary transaction by the reporting person.
The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $26.10 to $26.72, inclusive. The reporting person undertakes to provide to Macy's, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to the Form 4.
Each restricted stock unit represents the equivalent of one share of the Issuer's common stock.
The restricted stock units vest one-fourth on each of the first, second, third and fourth anniversaries of the date granted.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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