Boltz William P 4

4 · LOWES COMPANIES INC · Filed Apr 4, 2023

Form 4

Period: 2023-04-01

EVP, Merchandising

Transactions

Exercise/Conversion
Common Stock
2023-04-01+36,982→ 62,150 total
Award
Common Stock
2023-04-01+5,279→ 47,005 total
Award
Non-Qualified Stock Option (right to buy)
2023-04-01+16,157→ 16,157 total
Exercise: $199.97Exp: 2033-04-01→ Common Stock (16,157 underlying)
Tax Payment
Common Stock
2023-04-01$199.97/sh−20,424$4,084,187→ 41,726 total
Exercise/Conversion
Performance Share Units
2023-04-01−36,982→ 0 total
→ Common Stock (36,982 underlying)

Footnotes (6)

[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 2022.
[F2]Direct holdings include 58 shares acquired under the Lowe's Employee Stock Purchase Plan.
[F3]Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units granted on September 1, 2020 and restricted shares granted on April 1, 2020.
[F4]Restricted stock granted pursuant to 2006 Long Term Incentive Plan. The shares will fully vest on April 1, 2026.
[F5]At the vest date, the performance share units earned converted into an equivalent number of shares of the Issuer's common stock.
[F6]The option vests in three annual installments beginning on April 1, 2024.

Documents

1 file