Paul Griscom, Macy's Inc's SVP and Controller, just received 4,554 restricted shares from the company. The restricted shares don't become available to Griscom until such time as they become vested. Griscom now owns at least 4,554 restricted shares of the company.
Some additional info was provided as follows:
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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