SEC Form 4 · accession 0000060667-16-000344
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
May 31, 2016
Accepted (ET)
Jun 2, 2016 · 1:06 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 31, 2016 | S | 3,656 | $80.1301 | D | 34,793 | D | |
| Common Stock | May 31, 2016 | M | 9,000 | $53.13 | A | 43,793 | D | |
| Common Stock | May 31, 2016 | S | 9,000 | $80.2793 | D | 34,793 | D | |
| Common Stock | holding | — | — | — | 3,822 | 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)F2 | $53.13 | May 31, 2016 | M | 9,000 | D | — | Sep 15, 2024 | Common Stock | 9,000 | 18,000 | D |
Explanation of responses
- F1Direct holdings include 155 shares acquired under the Lowe's Employee Stock Purchase Plan.
- F2The 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 27, 2016.