SEC Form 4 · accession 0000060667-16-000268
LOWES COMPANIES INC · LOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard D Maltsbarger
Officer — CDO & President, Int'l
Period of report
Mar 10, 2016
Accepted (ET)
Mar 14, 2016 · 10:30 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 | Mar 10, 2016 | S | 7,110 | $70.0608 | D | 38,294 | D | |
| Common Stock | Mar 10, 2016 | M | 12,666 | $38.38 | A | 50,960 | D | |
| Common StockF2 | Mar 10, 2016 | S | 12,666 | $70.2383 | D | 38,294 | D | |
| Common Stock | Mar 10, 2016 | M | 5,666 | $28.38 | A | 43,960 | D | |
| Common StockF2 | Mar 10, 2016 | S | 5,666 | $70.2383 | D | 38,294 | D | |
| Common Stock | holding | — | — | — | 3,808 | 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 10, 2016 | M | 5,666 | D | — | Mar 1, 2019 | Common Stock | 5,666 | 0 | D |
| Non-Qualified Stock Option (right to buy)F4 | $38.38 | Mar 10, 2016 | M | 12,666 | D | — | Mar 1, 2023 | Common Stock | 12,666 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $70.06 to $70.0701. 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 $70.22 to $70.29. 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 29, 2016.