LOWES COMPANIES INC 4
4 · LOWES COMPANIES INC · Filed Jan 4, 2016
Insider Transaction Report
Form 4
MORGAN JAMES H
Director
Transactions
- Award
Phantom Stock
2015-12-31$76.04/sh+263.019$20,000→ 1,121.697 total→ Common Stock (263.019 underlying)
Footnotes (3)
- [F1]Represents the credit of deferred compensation to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.
- [F2]Each share of phantom stock is the economic equivalent of one share of common stock. The Reporting Person becomes entitled to the cash value of the phantom stock upon ceasing to be a director of the Issuer.
- [F3]Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.