SEC Form 4 · accession 0000060667-15-000044
LOWES COMPANIES INC · LOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ricky D Damron
Officer — Chief Operating Officer
Period of report
Mar 4, 2015
Accepted (ET)
Mar 6, 2015 · 9:22 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000060667
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 4, 2015 | S | 17,720 | $74.1833 | D | 105,475 | D | |
| Common Stock | Mar 4, 2015 | M | 78,000 | $38.38 | A | 183,475 | D | |
| Common StockF2 | Mar 4, 2015 | S | 78,000 | $74.1216 | D | 105,475 | D | |
| Common Stock | Mar 4, 2015 | M | 26,666 | $28.38 | A | 132,141 | D | |
| Common StockF2 | Mar 4, 2015 | S | 26,666 | $74.1216 | D | 105,475 | D | |
| Common Stock | holding | — | — | — | 65,434 | I | by 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $28.38 | Mar 4, 2015 | M | 26,666 | D | — | Mar 1, 2019 | Common Stock | 26,666 | 0 | D |
| Non-Qualified Stock Option (right to buy)F4 | $38.38 | Mar 4, 2015 | M | 78,000 | D | — | Mar 1, 2023 | Common Stock | 78,000 | 39,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $74.065 to $74.23. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2This transaction was executed in multiple trades at prices ranging from $74.00 to $74.26. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3The option vests in three annual installments beginning on March 1, 2013.
- F4The option vests in three annual installments beginning on March 1, 2014.
Remarks
The information provided for the shares held by the 401(k) Plan in this report is based on a plan statement dated as of February 28, 2015.