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LOWES COMPANIES INC — Director's Dealing 2016
Feb 29, 2016
29825_dirs_2016-02-29_5d31ee31-28e4-47fb-895e-35ec9e158756.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LOWES COMPANIES INC (LOW)
CIK: 0000060667
Period of Report: 2016-02-25
Reporting Person: Peace Nelson B (Corp Administration Executive)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-25 | Performance Share Units | $ | A | 4108.0 | Acquired | Common Stock (4108) | Direct |
Footnotes
F1: Each performance share unit represents a contingent right to receive one share of the Issuer's common stock. The performance share units were granted on March 1, 2013 and were subject to the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2015. On February 25, 2016, the Compensation Committee of the Issuer's Board of Directors certified the performance metrics and determined the number of performance share units that were earned. The performance share units continue to be subject to a service condition that will be satisfied on March 1, 2016.