MACYS INC

Ticker: M CUSIP: 55616P104 Class: Common Stock

GRS Advisors, LLC's Holding History (CIK: 0001544554)

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

Q3 2015

Shares 705,700 Value ($000) $36,217 Avg Close $62.72 Range $49.72 - $73.61

Q2 2015

Shares 550,100 Value ($000) $37,115 Avg Close $67.58 Range $62.80 - $71.10

Q1 2015

Shares 124,000 Value ($000) $8,049 Avg Close $64.35 Range $61.10 - $68.30

Q4 2014

Shares 385,000 Value ($000) $25,314 Avg Close $60.49 Range $54.84 - $66.59

Q3 2014

Shares 944,100 Value ($000) $54,928 Avg Close $59.28 Range $55.81 - $63.10

Q2 2014

Shares 413,600 Value ($000) $23,997 Avg Close $58.04 Range $54.82 - $61.26

Q4 2013

Shares 331,500 Value ($000) $17,702 Avg Close $48.46 Range $42.18 - $54.07

Q3 2013

Shares 326,200 Value ($000) $14,115 Avg Close $46.71 Range $42.68 - $50.77

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	705,700	$36,217	$62.72	$49.72 - $73.61
Q2 2015	550,100	$37,115	$67.58	$62.80 - $71.10
Q1 2015	124,000	$8,049	$64.35	$61.10 - $68.30
Q4 2014	385,000	$25,314	$60.49	$54.84 - $66.59
Q3 2014	944,100	$54,928	$59.28	$55.81 - $63.10
Q2 2014	413,600	$23,997	$58.04	$54.82 - $61.26
Q4 2013	331,500	$17,702	$48.46	$42.18 - $54.07
Q3 2013	326,200	$14,115	$46.71	$42.68 - $50.77