LOWES COMPANIES INC — Director's Dealing 2012

Nov 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOWES COMPANIES INC (LOW)
CIK: 0000060667
Period of Report: 2012-11-27

Reporting Person: KEENER GAITHER M JR (CLO, CCO and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-27	Common Stock	M	46000.0	$23.97	Acquired	122590.0	Direct
2012-11-27	Common Stock	S	46000.0	$35.2004	Disposed	76590.0	Direct
2012-11-27	Common Stock	M	30000.0	$34.16	Acquired	106590.0	Direct
2012-11-27	Common Stock	S	30000.0	$35.2053	Disposed	76590.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-27	Non-Qualified Stock Option (right to buy)	$23.97	M	46000.0	Disposed	2015-03-01	Common Stock (46000.0)	Direct
2012-11-27	Non-Qualified Stock Option (right to buy)	$34.16	M	30000.0	Disposed	2013-03-01	Common Stock (30000.0)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $35.10 to $35.28. 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.

F2: This transaction was executed in multiple trades at prices ranging from $35.16 to $35.28. 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.

F3: The option vests in three annual installments beginning on March 1, 2009.

F4: The option vests in three annual installments beginning on March 1, 2007.