Seemantini Godbole - Mar 17, 2022 Form 4 Insider Report for LOWES COMPANIES INC (LOW)

Role
EVP, Chief Information Officer
Signature
By: /s/ Sandra Felton by power of attorney for: Seemantini Godbole
Stock symbol
LOW
Transactions as of
Mar 17, 2022
Transactions value $
$0
Form type
4
Date filed
3/21/2022, 08:00 AM
Previous filing
Jan 4, 2022
Next filing
Apr 5, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LOW Performance Share Units Award $0 +16.9K $0.00 16.9K Mar 17, 2022 Common Stock 16.9K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 April 1, 2019 and were subject to the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2021. On March 17, 2022, 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 April 1, 2022.