SEC Form 4 · accession 0000060667-16-000299
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
Apr 5, 2016
Accepted (ET)
Apr 7, 2016 · 11:32 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 Stock | Apr 5, 2016 | M | 373,867 | $25.50 | A | 948,006 | D | |
| Common StockF1 | Apr 5, 2016 | S | 373,867 | $76.2265 | D | 574,139 | D | |
| Common Stock | Apr 6, 2016 | M | 16,133 | $25.50 | A | 590,272 | D | |
| Common StockF2 | Apr 6, 2016 | S | 16,133 | $76.0499 | D | 574,139 | D | |
| Common Stock | holding | — | — | — | 24,566 | I | by 401(k) Plan | |
| Common Stock | holding | — | — | — | 24,659 | I | by Son | |
| Common Stock | holding | — | — | — | 93,883 | I | by Spouse | |
| Common Stock | holding | — | — | — | 24,659 | I | by Trust |
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 | $25.50 | Apr 5, 2016 | M | 373,867 | D | — | Mar 1, 2018 | Common Stock | 373,867 | 16,133 | D |
| Non-Qualified Stock Option (right to buy)F3 | $25.50 | Apr 6, 2016 | M | 16,133 | D | — | Mar 1, 2018 | Common Stock | 16,133 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $76.00 to $76.52. 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 $76.00 to $76.095. 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, 2012.
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 April 1, 2016.