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LOEWS CORP — Director's Dealing 2011
Apr 4, 2011
30284_dirs_2011-04-04_f5f83868-c855-4e60-8925-d30a47d165fb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2011-03-31
Reporting Person: SCHWARTZ MARK S (Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-31 | Common Stock | M | 3000 | $33.14 | Acquired | 3000 | Direct |
| 2011-03-31 | Common Stock | M | 1875 | $27.00 | Acquired | 4875 | Direct |
| 2011-03-31 | Common Stock | M | 1875 | $21.74 | Acquired | 6750 | Direct |
| 2011-03-31 | Common Stock | M | 1875 | $27.21 | Acquired | 8625 | Direct |
| 2011-03-31 | Common Stock | D | 5603 | $43.14 | Disposed | 3022 | Direct |
| 2011-03-31 | Common Stock | S | 3022 | $43.22 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-03-31 | Stock Appreciation Right | $43.14 | A | 5000 | Acquired | 2021-01-11 | Common Stock (5000) | Direct |
| 2011-03-31 | Stock Appreciation Right | $33.14 | M | 3000 | Disposed | 2016-01-31 | Common Stock (3000) | Direct |
| 2011-03-31 | Stock Appreciation Right | $27.00 | M | 1875 | Disposed | 2019-01-13 | Common Stock (1875) | Direct |
| 2011-03-31 | Stock Appreciation Right | $21.74 | M | 1875 | Disposed | 2019-01-13 | Common Stock (1875) | Direct |
| 2011-03-31 | Stock Appreciation Right | $27.21 | M | 1875 | Disposed | 2019-01-13 | Common Stock (1875) | Direct |
Footnotes
F1: Represents the weighted average price of multiple transactions with a range of prices between $43.21 and $43.22. The Reporting Person upon request by the Commission Staff, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities at each separate price sold.
F2: The stock appreciation right becomes exercisable in four equal annual installments beginning on January 11, 2012.
F3: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.
F4: The derivative security became exercisable in four equal annual installments beginning on January 31, 2007.
F5: The derivative security became exercisable in four equal annual installments beginning on January 13, 2010.