SEC Form 4 · accession 0000060667-16-000380
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
Sep 15, 2016
Accepted (ET)
Sep 19, 2016 · 7:11 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 | Sep 15, 2016 | A | 3,330 | $0.00 | A | 38,123 | D | |
| Common StockF2 | Sep 16, 2016 | F | 3,346 | $70.95 | D | 34,777 | D | |
| Common StockF2 | Sep 16, 2016 | F | 2,199 | $70.95 | D | 32,578 | D | |
| Common Stock | holding | — | — | — | 3,838 | 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 | $71.31 | Sep 15, 2016 | A | 15,370 | A | — | Sep 15, 2026 | Common Stock | 15,370 | 15,370 | D |
Explanation of responses
- F1Restricted stock granted pursuant to 2006 Long-Term Incentive Plan. The shares will fully vest on September 15, 2019.
- F2Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on September 16, 2013.
- F3The 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.