Laurie Z. Douglas - Mar 31, 2022 Form 4 Insider Report for LOWES COMPANIES INC (LOW)

Role
Director
Signature
By: /s/ Sandra Felton by power of attorney for: Laurie Z. Douglas
Stock symbol
LOW
Transactions as of
Mar 31, 2022
Transactions value $
$15,000
Form type
4
Date filed
4/4/2022, 07:44 AM
Previous filing
Jan 4, 2022
Next filing
Jun 1, 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 Phantom Stock Award $15K +74.2 +2.23% $202.19 3.4K Mar 31, 2022 Common Stock 74.2 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the credit of deferred compensation to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.
F2 Each share of phantom stock is the economic equivalent of one share of common stock. The Reporting Person becomes entitled to the cash value of the phantom stock upon ceasing to be a director of the Issuer.
F3 Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.