Boltz William P 4
4 · LOWES COMPANIES INC · Filed Apr 3, 2024
Insider Transaction Report
Form 4
Boltz William P
EVP, Merchandising
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2024-04-01+12,829→ 12,829 totalExercise: $249.28Exp: 2034-04-01→ Common Stock (12,829 underlying) - Exercise/Conversion
Common Stock
2024-04-01+14,798→ 38,927 total - Tax Payment
Common Stock
2024-04-01$249.28/sh−7,987$1,990,999→ 30,940 total - Award
Common Stock
2024-04-01+4,362→ 35,302 total - Exercise/Conversion
Performance Share Units
2024-04-01−14,798→ 0 total→ Common Stock (14,798 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 2023.
- [F2]Direct holdings include 124 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 and restricted shares granted on April 1, 2021.
- [F4]Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2027.
- [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, 2025.