Frieson Donald 4
4 · LOWES COMPANIES INC · Filed Mar 27, 2023
Insider Transaction Report
Form 4
Frieson Donald
EVP, Supply Chain
Transactions
- Award
Performance Share Units
2023-03-23+23,502→ 23,502 total→ Common Stock (23,502 underlying)
Footnotes (1)
- [F1]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 September 1, 2020 and were subject to the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2022. On March 23, 2023, 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. The performance share units continue to be subject to a service condition that will be satisfied on April 1, 2023.