SEC Form 4 · accession 0000060667-15-000153
LOWES COMPANIES INC · LOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Niblock
Officer — Chairman President & CEO · Director
Period of report
Sep 15, 2015
Accepted (ET)
Sep 17, 2015 · 9:26 am EDT
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,F2 | Sep 15, 2015 | A | 43,680 | $0.00 | A | 574,507 | D | |
| Common Stock | holding | — | — | — | 24,372 | I | by 401(k) Plan | |
| Common Stock | holding | — | — | — | 24,659 | I | by Son-1 | |
| Common Stock | holding | — | — | — | 24,659 | I | by Son-2 | |
| Common Stock | holding | — | — | — | 93,883 | I | by Spouse |
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 | $69.44 | Sep 15, 2015 | A | 147,430 | A | — | Sep 15, 2025 | Common Stock | 147,430 | 147,430 | D |
Explanation of responses
- F1Restricted stock granted pursuant to 2006 Long-Term Incentive Plan. The shares will fully vest on September 15, 2018.
- F2Direct holdings include 178 shares acquired under the Lowe's Employee Stock Purchase Plan.
- F3The option vests in three annual installments beginning on September 15, 2016.
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 August 31, 2015.