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

Role: EVP Human Resources
Signature: By: /s/ Sandra Felton by power of attorney for: Janice Dupre
Stock symbol: LOW
Transactions as of: Mar 17, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/21/2022, 07:57 AM
Previous filing: Mar 11, 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	+1.84 K		$0.00	1.84 K	Mar 17, 2022	Common Stock	1.84 K		Direct	F1

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.

Content

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.