Filing Details

Accession Number:
0000060667-17-000067
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-04-04 08:52:32
Reporting Period:
2017-04-01
Filing Date:
2017-04-04
Accepted Time:
2017-04-04 08:52:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
60667 Lowes Companies Inc LOW Retail-Lumber & Other Building Materials Dealers (5211) 560578072
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1273913 D Ricky Damron
1000 Lowe'S Boulevard
Mooresville NC 28117
Chief Operating Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-04-01 31,500 $0.00 78,225 No 4 M Direct
Common Stock Disposition 2017-04-01 14,348 $82.21 63,877 No 4 F Direct
Common Stock Acquisiton 2017-04-01 4,900 $0.00 68,777 No 4 A Direct
Common Stock Disposition 2017-04-03 17,152 $81.96 51,625 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Share Units Disposition 2017-04-01 31,500 $0.00 31,500 $0.00
Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2017-04-01 20,800 $0.00 20,800 $82.21
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
20,800 2027-04-01 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 65,434 Indirect by 401(k) Plan
Footnotes
  1. Each performance share unit represented a contingent right to receive one share of the Issuer's common stock upon the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2016.
  2. Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units granted on April 1, 2014.
  3. Restricted stock granted pursuant to 2006 Long-Term Incentive Plan. The shares will fully vest on April 1, 2020.
  4. This transaction was executed in multiple trades at prices ranging from $81.95 to $82.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  5. The information provided for the shares held by the 401(k) Plan in this report is based on a plan statement dated as of March 31, 2017.
  6. At the vest date, the performance share units earned converted into an equivalent number of shares of the Issuer's common stock.
  7. The option vests in three annual installments beginning on April 1, 2018.