WWD.com/business-news/financial/terry-lundgren-raises-204m-in-stock-sale-6432459

financial

October 18, 2012

Terry Lundgren Sells $20.4M in Macy's Stock

Factoring in the grant price, the retailer's chairman made $14 million on the sale, which was expected to close Thursday.

By Evan Clark

financial/news

Terry J. Lundgren on Thursday finalized the $20.4 million sale of 500,000 shares of Macy’s Inc., where he serves as chairman, president and chief executive officer. The stock was initially issued...

Terry Lundgren Sells $20.4M in Macy's Stock

Factoring in the grant price, the retailer's chairman made $14 million on the sale, which was expected to close Thursday.

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