McFarland Joseph Michael 4
4 · LOWES COMPANIES INC · Filed Apr 3, 2024
Insider Transaction Report
Form 4
McFarland Joseph Michael
EVP, Stores
Transactions
- Exercise/Conversion
Common Stock
2024-04-01+15,525→ 62,119 total - Tax Payment
Common Stock
2024-04-01$249.28/sh−8,422$2,099,436→ 53,697 total - Award
Common Stock
2024-04-01+4,402→ 58,099 total - Exercise/Conversion
Performance Share Units
2024-04-01−15,525→ 0 total→ Common Stock (15,525 underlying) - Award
Non-Qualified Stock Option (right to buy)
2024-04-01+12,947→ 12,947 totalExercise: $249.28Exp: 2034-04-01→ Common Stock (12,947 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.