Sec Form 4 Filing - CROOM MARSHALL A @ LOWES COMPANIES INC - 2017-04-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CROOM MARSHALL A
2. Issuer Name and Ticker or Trading Symbol
LOWES COMPANIES INC [ LOW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
1000 LOWE'S BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
04/01/2017
(Street)
MOORESVILLE, NC28117
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/01/2017 M 6,000 A $ 0 ( 1 ) 41,894.3342 D
Common Stock 04/01/2017 F 2,838 ( 2 ) D $ 82.21 39,056.3342 D
Common Stock 04/01/2017 A 5,080 ( 3 ) A $ 0 44,136.3342 D
Common Stock 7,931.44 ( 4 ) I by 401(k) Plan
Common Stock 839.902 I by IRA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underl ying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Units ( 5 ) 04/01/2017 M 6,000 ( 5 ) ( 5 ) Common Stock 6,000 $ 0 0 D
Non-Qualified Stock Option (right to buy) $ 82.21 04/01/2017 A 21,540 ( 6 ) 04/01/2027 Common Stock 21,540 $ 0 21,540 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CROOM MARSHALL A
1000 LOWE'S BOULEVARD
MOORESVILLE, NC28117
Chief Financial Officer
Signatures
By: /s/ Sandra Felton by power of attorney For: Marshall A. Croom 04/04/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each performance share unit represented a contingent right to receive one share of the Issuer's common stock upon the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2016.
( 2 )Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units granted on April 1, 2014.
( 3 )Restricted stock granted pursuant to 2006 Long-Term Incentive Plan. The shares will fully vest on April 1, 2020.
( 4 )The information provided for the shares held by the 401(k) Plan in this report is based on a plan statement dated as of March 31, 2017.
( 5 )At the vest date, the performance share units earned converted into an equivalent number of shares of the Issuer's common stock.
( 6 )The option vests in three annual installments beginning on April 1, 2018.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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