Godbole Seemantini 4
4 · LOWES COMPANIES INC · Filed Apr 3, 2024
Insider Transaction Report
Form 4
Godbole Seemantini
EVP, Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2024-04-01+11,774→ 33,020 total - Award
Common Stock
2024-04-01+3,672→ 30,103 total - Award
Non-Qualified Stock Option (right to buy)
2024-04-01+10,799→ 10,799 totalExercise: $249.28Exp: 2034-04-01→ Common Stock (10,799 underlying) - Tax Payment
Common Stock
2024-04-01$249.28/sh−6,589$1,642,506→ 26,431 total - Exercise/Conversion
Performance Share Units
2024-04-01−11,774→ 0 total→ Common Stock (11,774 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 2023.
- [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, 2021.
- [F3]Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2027.
- [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, 2025.