-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NA15Owz+P3oMdHndrys6PBdmrBAcNqqYJxwG0ZWJCUdtKcgADtK+uDU4bY+LH6LH p+NOLCNbUa04s0S8tHtfuw== 0000902157-96-000002.txt : 20030213 0000902157-96-000002.hdr.sgml : 20030213 19960126110429 ACCESSION NUMBER: 0000902157-96-000002 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960126 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LOWES COMPANIES INC CENTRAL INDEX KEY: 0000060667 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211] IRS NUMBER: 560578072 STATE OF INCORPORATION: NC FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-11654 FILM NUMBER: 96507252 BUSINESS ADDRESS: STREET 1: PO BOX 1111 CITY: NORTH WILKESBORO STATE: NC ZIP: 28656 BUSINESS PHONE: 9196514000 MAIL ADDRESS: STREET 1: PO BOX 1111 CITY: NORTH WILKESBORO STATE: NC ZIP: 28656 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MANAGEMENT COMMITTEE OF LOWES COS EMPLOYEE STOCK OWNER TRUST CENTRAL INDEX KEY: 0000902157 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: P O BOX 1111 CITY: NORTH WILKESBORO STATE: NC ZIP: 28656 BUSINESS PHONE: 9106514000 MAIL ADDRESS: STREET 1: P O BOX 111 STREET 2: P O BOX 111 CITY: NORTH WILKESBORO STATE: NC ZIP: 28656 SC 13G 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No. XX )* Lowe's Companies, Inc. (Name of Issuer) Common Stock, Par Value $.50 (Title of Class of Securities) 548661 107 (CUSIP Number) Item 1 (a) Name of Issuer: Lowe's Companies, Inc. Item 1 (b) Address of Issuer's principal Executive Offices: P. O. Box 1111 Hwy. 268 East North Wilkesboro, NC 28656 Item 2 (a) Name of Person Filing: Management Committee of Lowe's Companies Employee Stock Ownership Trust Item 2 (b) Address of Principal Business Office, or if none, Residence: P. O. Box 1111 Hwy. 268 East North Wilkesboro, NC 28656 Item 2 (c) Citizenship: North Carolina Item 2 (d) Title of Class of Securities: Common Stock, par value $.50 Item 2 (e) CUSIP Number 548661 107 Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: Employee Benefit Plan, which is subject to the provisions of the Employee Retirement Income Security Act of 1974 Item 4 (a) Amount Beneficially Owned: 24,834,701 (b) Percent of Class: 15.444 (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None (ii) shared power to vote or to direct the vote: 24,834,701 (iii) sole power to dispose or to direct the disposition of: None (iv) shared power to dispose or to direct the disposition of: None Item 5 Ownership of Five Percent or Less of a Class: Not Applicable Item 6 Ownership of More than Five Percent on Behalf of Another Person: Wachovia Bank of North Carolina, N.A. holds the shares as trustee of the Lowe's Companies Employee Stock Ownership Trust. As respects the voting of the shares held by the Bank as trustee, the trustee (a) solicits instructions from Plan members as respects shares allocated to members' accounts and (b) is given instructions by the Plan's Management Committee as respects unallocated shares. The trustee votes the stock held by it as trustee in accordance with such instructions. In the absence of instructions as respects how a Plan members allocated stock is to be voted, the stock is voted by the trustee in the same manner as stock held in the Plan's general account and as respects which instructions are given by the Management Committee. The Plan does not provide for disposition of shares of Lowe's Common Stock except that upon retirement, death or disability of a Plan member, he becomes fully vested as respects all his interest in his account and his interest is distributable to him in accordance with the Plan's provisions. Upon termination of employment for any reason other than retirement, death or disability, the employee receives that part of his accounts that are fully vested. In both cases, the trustee distributes shares and any other Plan interest only in accordance with the instructions of the Management Committee. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: Not Applicable Item 8 Identification and Classification of Members of the Group: Not Applicable Item 9 Notice of Dissolution of Group: Not Applicable Item 10 Certification: By signing below, I certify that, to the best of my knowledge and belief the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. THE FILING OF THIS STATEMENT SHALL NOT BE CONSTRUED AS AN ADMISSION THAT I AM, FOR THE PURPOSES OF SECTION 13(d) or 13(g) OF THE ACT, THE BENEFICIAL OWNER OF ANY SECURITIES COVERED HEREBY. February __, 1996 MANAGEMENT COMMITTEE OF LOWE'S COMPANIES EMPLOYEE STOCK OWNERSHIP TRUST BY: ______________________________________ EDGAR M. SPEARS, SECRETARY -----END PRIVACY-ENHANCED MESSAGE-----