Denton David M 4

4 · LOWES COMPANIES INC · Filed Apr 5, 2022

Form 4

Period: 2022-04-01

EVP, Chief Financial Officer

Transactions

Exercise/Conversion
Performance Share Units
2022-04-01−38,220→ 0 total
→ Common Stock (38,220 underlying)
Exercise/Conversion
Common Stock
2022-04-01+38,220→ 72,543 total
Award
Common Stock
2022-04-01+5,350→ 56,663 total
Tax Payment
Common Stock
2022-04-01$202.40/sh−21,230$4,296,952→ 51,313 total
Award
Non-Qualified Stock Option (right to buy)
2022-04-01+18,265→ 18,265 total
Exercise: $202.40Exp: 2032-04-01→ Common Stock (18,265 underlying)

Footnotes (5)

[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 2021.
[F2]Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units and restricted shares granted on April 1, 2019.
[F3]Restricted stock granted pursuant to 2006 Long-Term Incentive Plan. The shares will fully vest on April 1, 2025.
[F4]At the vest date, the performance share units earned converted into an equivalent number of shares of the Issuer's common stock.
[F5]The option vests in three annual installments beginning on April 1, 2023.

Documents

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