4//SEC Filing
LOWES COMPANIES INC 4
Accession 0000060667-17-000067
$LOWCIK 0000060667operating
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 8:52 AM ET
Size
14.9 KB
Accession
0000060667-17-000067
Insider Transaction Report
Form 4
DAMRON RICKY D
EVP Store Operations
Transactions
- Exercise/Conversion
Common Stock
2017-04-01+31,500→ 78,225 total - Sale
Common Stock
2017-04-03$81.96/sh−17,152$1,405,819→ 51,625 total - Award
Non-Qualified Stock Option (right to buy)
2017-04-01+20,800→ 20,800 totalExercise: $82.21Exp: 2027-04-01→ Common Stock (20,800 underlying) - Exercise/Conversion
Performance Share Units
2017-04-01−31,500→ 0 total→ Common Stock (31,500 underlying) - Award
Common Stock
2017-04-01+4,900→ 68,777 total - Tax Payment
Common Stock
2017-04-01$82.21/sh−14,348$1,179,549→ 63,877 total
Holdings
- 65,434.252(indirect: By 401(k))
Common Stock
Footnotes (7)
- [F1]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.
- [F2]Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units granted on April 1, 2014.
- [F3]Restricted stock granted pursuant to 2006 Long-Term Incentive Plan. The shares will fully vest on April 1, 2020.
- [F4]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.
- [F5]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.
- [F6]At the vest date, the performance share units earned converted into an equivalent number of shares of the Issuer's common stock.
- [F7]The option vests in three annual installments beginning on April 1, 2018.
Documents
Issuer
LOWES COMPANIES INC
CIK 0000060667
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0000060667
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 8:52 AM ET
- Size
- 14.9 KB