SEC Form 4 · accession 0000060667-17-000043
LOWES COMPANIES INC · LOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marshall A Croom
Officer — Chief Financial Officer
Period of report
Mar 30, 2017
Accepted (ET)
Apr 3, 2017 · 8:52 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 | Mar 30, 2017 | M | 12,700 | $28.38 | A | 53,479 | D | |
| Common StockF2 | Mar 30, 2017 | S | 12,700 | $82.1399 | D | 40,779 | D | |
| Common Stock | Mar 30, 2017 | G | 4,885 | $0.00 | D | 35,894 | D | |
| Common StockF3 | holding | — | — | — | 7,931 | I | by 401(k) Plan | |
| Common Stock | holding | — | — | — | 840 | I | by IRA |
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 | $28.38 | Mar 30, 2017 | M | 12,700 | D | — | Mar 1, 2019 | Common Stock | 12,700 | 0 | D |
Explanation of responses
- F1Direct holdings include 177 shares acquired under the Lowe's Employee Stock Purchase Plan.
- F2This transaction was executed in multiple trades at prices ranging from $82.12 to $82.171. 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 information provided for the shares held by the 401(k) Plan in this report is based on a plan statement dated as of March 31, 2017.
- F4The option vested in three annual installments beginning on March 1, 2013.