X0306 4 2015-12-31 0 0000060667 LOWES COMPANIES INC LOW 0001024382 LARSEN MARSHALL O 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117 1 0 0 0 Phantom Stock 2015-12-31 4 A 0 394.529 76.04 A Common Stock 394.529 22752.27 D Represents the credit of deferred compensation to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan. 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. Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan. By: /s/ Sandra Felton by power of attorney For: Marshall O. Larsen 2016-01-04