MACYS INC

Ticker: M CUSIP: 55616P104 Class: Common Stock

ALTA CAPITAL MANAGEMENT LLC/'s Holding History (CIK: 0001093589)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 5,484 Value ($000) $241 Avg Close $41.33 Range $34.33 - $45.50

Q4 2015

Shares 5,949 Value ($000) $208 Avg Close $43.33 Range $34.05 - $52.48

Q3 2015

Shares 6,429 Value ($000) $329 Avg Close $62.72 Range $49.72 - $73.61

Q2 2015

Shares 5,484 Value ($000) $370 Avg Close $67.58 Range $62.80 - $71.10

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	5,484	$241	$41.33	$34.33 - $45.50
Q4 2015	5,949	$208	$43.33	$34.05 - $52.48
Q3 2015	6,429	$329	$62.72	$49.72 - $73.61
Q2 2015	5,484	$370	$67.58	$62.80 - $71.10