MCCANLESS ROSS W 4
4 · LOWES COMPANIES INC · Filed Apr 5, 2022
Insider Transaction Report
Form 4
MCCANLESS ROSS W
General Counsel, Secty, & CCO
Transactions
- Exercise/Conversion
Common Stock
2022-04-01+17,260→ 58,023 total - Tax Payment
Common Stock
2022-04-01$202.40/sh−9,591$1,941,218→ 48,432 total - Award
Common Stock
2022-04-01+2,660→ 51,092 total - Award
Non-Qualified Stock Option (right to buy)
2022-04-01+9,080→ 9,080 totalExercise: $202.40Exp: 2032-04-01→ Common Stock (9,080 underlying) - Exercise/Conversion
Performance Share Units
2022-04-01−17,260→ 0 total→ Common Stock (17,260 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.