SEC Form 4 · accession 0000060667-17-000039
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
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 4:42 pm EST
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 | Mar 6, 2017 | M | 109,345 | $28.38 | A | 479,507 | D | |
| Common StockF1 | Mar 6, 2017 | S | 109,345 | $81.2791 | D | 370,162 | D | |
| Common Stock | Mar 7, 2017 | M | 337,655 | $28.38 | A | 707,817 | D | |
| Common StockF2 | Mar 7, 2017 | S | 337,655 | $80.9982 | D | 370,162 | D | |
| Common Stock | holding | — | — | — | 25,012 | I | by 401(k) Plan | |
| Common Stock | holding | — | — | — | 177,211 | I | by GRAT | |
| 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 | $28.38 | Mar 6, 2017 | M | 109,345 | D | — | Mar 1, 2019 | Common Stock | 109,345 | 337,655 | D |
| Non-Qualified Stock Option (right to buy)F3 | $28.38 | Mar 7, 2017 | M | 337,655 | D | — | Mar 1, 2019 | Common Stock | 337,655 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $81.20 to $81.42. 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 $80.75 to $81.3025. 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, 2013.