Daniel J. Heinrich - May 26, 2023 Form 4 Insider Report for LOWES COMPANIES INC (LOW)

Role
Director
Signature
By: /s/ Sandra Felton by power of attorney for: Daniel J. Heinrich
Stock symbol
LOW
Transactions as of
May 26, 2023
Transactions value $
$0
Form type
4
Date filed
5/30/2023, 04:51 PM
Previous filing
Apr 4, 2023
Next filing
Jul 5, 2023

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 Deferred Stock Units Award $0 +1K +48.61% $0.00 3.06K May 26, 2023 Common Stock 1K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Deferred Stock Units shall be 100% vested on the earlier of the first anniversary of the date of grant and the day immediately preceding the Issuer's 2024 Annual Meeting of Shareholders. Each Deferred Stock Unit shall convert into one share of the Issuer's common stock immediately after termination of the Reporting Person's service as a member of the Board of Directors of the Issuer.
F2 Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's 2006 Long Term Incentive Plan, as amended and restated.