Home/Filings/4/0000060667-15-000036
4//SEC Filing

LOWES COMPANIES INC 4

Accession 0000060667-15-000036

$LOWCIK 0000060667operating

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 11:32 AM ET

Size

12.6 KB

Accession

0000060667-15-000036

Insider Transaction Report

Form 4
Period: 2015-02-26
AUSURA MAUREEN K
SVP Human Resources
Transactions
  • Exercise/Conversion

    Common Stock

    2015-03-01+12,21086,915 total
  • Tax Payment

    Common Stock

    2015-03-01$74.09/sh8,424$624,13474,442 total
  • Tax Payment

    Common Stock

    2015-03-01$74.09/sh4,049$299,99082,866 total
  • Award

    Performance Share Units

    2015-02-26+12,21012,210 total
    Common Stock (12,210 underlying)
  • Exercise/Conversion

    Performance Share Units

    2015-03-0112,2100 total
    Common Stock (12,210 underlying)
Footnotes (5)
  • [F1]Direct holdings include 195 shares acquired under the Lowe's Employee Stock Purchase Plan.
  • [F2]Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units granted on March 1, 2012.
  • [F3]Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on March 1, 2012.
  • [F4]Each performance share unit represents a contingent right to receive one share of the Issuer's common stock. The performance share units were granted on March 1, 2012 and were subject to the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2014. On February 26, 2015, the Compensation Committee of the Issuer's Board of Directors certified the performance metrics and determined the number of performance share units that were earned. Following such certification and determination, the performance share units remained subject to a service condition that was satisfied on March 1, 2015.
  • [F5]At the vest date, the performance share units earned converted into an equivalent number of shares of the Issuer's common stock.

Issuer

LOWES COMPANIES INC

CIK 0000060667

Entity typeoperating
IncorporatedNC

Related Parties

1
  • filerCIK 0000060667

Filing Metadata

Form type
4
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 11:32 AM ET
Size
12.6 KB