SEC Form 4 · accession 0000060667-18-000067
LOWES COMPANIES INC · LOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul D Ramsay
Officer — Chief Information Officer
Period of report
Apr 1, 2018
Accepted (ET)
Apr 3, 2018 · 8:08 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 | Apr 1, 2018 | M | 2,830 | $0.00 | A | 11,230 | D | |
| Common StockF2 | Apr 1, 2018 | F | 848 | $87.75 | D | 10,382 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF3 | — | Apr 1, 2018 | M | 2,830 | D | — | — | Common Stock | 2,830 | 0 | D |
Explanation of responses
- F1Each performance share unit represented a contingent right to receive one share of the Issuer's common stock upon the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2017.
- F2Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units granted on April 1, 2015.
- F3At the vest date, the performance share units earned converted into an equivalent number of shares of the Issuer's common stock.