SEC Form 4 · accession 0000060667-16-000379
LOWES COMPANIES INC · LOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Anthony Jones
Officer — Chief Customer Officer
Period of report
Sep 15, 2016
Accepted (ET)
Sep 19, 2016 · 7:07 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, 2016 | A | 11,080 | $0.00 | A | 64,746 | D | |
| Common StockF3 | Sep 16, 2016 | F | 4,781 | $70.95 | D | 59,965 | D | |
| Common Stock | holding | — | — | — | 717 | 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)F4 | $71.31 | Sep 15, 2016 | A | 51,120 | A | — | Sep 15, 2026 | Common Stock | 51,120 | 51,120 | D |
Explanation of responses
- F1Restricted stock granted pursuant to 2006 Long-Term Incentive Plan. The shares will fully vest on September 15, 2019.
- F2Direct holdings include 155 shares acquired under the Lowe's Employee Stock Purchase Plan.
- F3Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on September 16, 2013.
- F4The option vests in three annual installments beginning on September 15, 2017.
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, 2016.