MABRY JOSEPH MICHAEL JR 4

4 · LOWES COMPANIES INC · Filed Mar 5, 2012

Form 4

Period: 2012-03-01

EVP Logistics and Distribution

Transactions

Tax Payment
Common Stock
2012-03-01$28.38/sh−17,767$504,227→ 101,652 total
Award
Common Stock
2012-03-01+21,000→ 122,652 total
Exercise/Conversion
Common Stock
2012-03-02$15.84/sh+110,000$1,742,400→ 200,419 total
Sale
Common Stock
2012-03-02$28.51/sh−110,000$3,136,595→ 90,419 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2012-03-05−1,000→ 0 total
Exercise: $15.84Exp: 2016-03-01→ Common Stock (1,000 underlying)
Exercise/Conversion
Common Stock
2012-03-05$15.84/sh+1,000$15,840→ 91,419 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2012-03-02−110,000→ 1,000 total
Exercise: $15.84Exp: 2016-03-01→ Common Stock (110,000 underlying)
Sale
Common Stock
2012-03-02$28.54/sh−32,233$920,075→ 90,419 total
Award
Non-Qualified Stock Option (right to buy)
2012-03-01+94,000→ 94,000 total
Exercise: $28.38Exp: 2019-03-01→ Common Stock (94,000 underlying)
Sale
Common Stock
2012-03-05$28.01/sh−1,000$28,010→ 90,419 total

Footnotes (7)

[F1]Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on March 1, 2009.
[F2]Direct holdings include 520 shares acquired under the Lowe's Employee Stock Purchase Plan.
[F3]Restricted stock granted pursuant to 2006 Long-Term Incentive Plan. The shares will fully vest on March 1, 2015.
[F4]This transaction was executed in multiple trades at prices ranging from $28.54 to $28.555. 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.
[F5]This transaction was executed in multiple trades at prices ranging from $28.40 to $28.59. 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.
[F6]The option vests in three annual installments beginning on March 1, 2010.
[F7]The option vests in three annual installments beginning on March 1, 2013.

Documents

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