SEC Form 4 · accession 0000060667-16-000310
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
May 23, 2016
Accepted (ET)
May 25, 2016 · 12:38 pm 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 | May 23, 2016 | S | 35,453 | $79.488 | D | 68,645 | D | |
| Common Stock | May 23, 2016 | M | 29,667 | $53.13 | A | 98,312 | D | |
| Common StockF2 | May 23, 2016 | S | 29,667 | $79.2446 | D | 68,645 | D | |
| Common Stock | May 23, 2016 | M | 39,000 | $38.38 | A | 107,645 | D | |
| Common StockF2 | May 23, 2016 | S | 39,000 | $79.2446 | D | 68,645 | 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 | $38.38 | May 23, 2016 | M | 39,000 | D | — | Mar 1, 2023 | Common Stock | 39,000 | 0 | D |
| Non-Qualified Stock Option (right to buy)F4 | $53.13 | May 23, 2016 | M | 29,667 | D | — | Sep 15, 2024 | Common Stock | 29,667 | 59,333 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $79.46 to $79.59. 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 $79.20 to $79.46. 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, 2014.
- F4The option vests in three annual installments beginning on September 15, 2015.
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 May 20, 2016.