MABRY JOSEPH MICHAEL JR 4
4 · LOWES COMPANIES INC · Filed Mar 29, 2011
Insider Transaction Report
Form 4
MABRY JOSEPH MICHAEL JR
EVP Logistics and Distribution
Transactions
- Exercise/Conversion
Common Stock
2011-03-25$26.79/sh+66,000$1,767,810→ 214,792 total - Exercise/Conversion
Common Stock
2011-03-28$26.79/sh+30,000$803,550→ 178,792 total - Disposition to Issuer
Common Stock
2011-03-28−447→ 148,792 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-28−30,000→ 0 totalExercise: $26.79From: 2006-05-28Exp: 2011-05-28→ Common Stock (30,000 underlying) - Award
Phantom Stock
2011-03-25+545→ 545 totalExercise: $0.00→ Common Stock (545 underlying) - Exercise/Conversion
Common Stock
2011-03-25$26.79/sh+30,000$803,550→ 178,792 total - Tax Payment
Common Stock
2011-03-25$27.28/sh−29,455$803,532→ 149,337 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-25−66,000→ 60,000 totalExercise: $26.79From: 2005-05-28Exp: 2011-05-28→ Common Stock (66,000 underlying) - Sale
Common Stock
2011-03-25$27.22/sh−66,000$1,796,771→ 148,792 total - Disposition to Issuer
Common Stock
2011-03-25−545→ 148,792 total - Tax Payment
Common Stock
2011-03-28$27.19/sh−29,553$803,546→ 149,239 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-25−30,000→ 30,000 totalExercise: $26.79From: 2006-05-28Exp: 2011-05-28→ Common Stock (30,000 underlying) - Award
Phantom Stock
2011-03-28+447→ 992 totalExercise: $0.00→ Common Stock (447 underlying)
Footnotes (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $27.220 to $27.231. 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.
- [F2]Rule 16b-3 exempt transaction involving issuance of phantom shares in lieu of common stock pursuant to Deferred Compensation Program.
- [F3]Reporting person receives an equivalent number of shares of common stock in five installments beginning on the March 15th following termination.