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LOEWS CORP — Director's Dealing 2011
Feb 10, 2011
30284_dirs_2011-02-10_69311724-ae47-4df5-9c3a-4db93b5455e7.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: 2011-02-08
Reporting Person: HOFMANN HERBERT C (Sr. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-08 | Common Stock | M | 5492 | $33.14 | Acquired | 5501 | Direct |
| 2011-02-08 | Common Stock | M | 11250 | $34.18 | Acquired | 16751 | Direct |
| 2011-02-08 | Common Stock | D | 12854 | $44.07 | Disposed | 3897 | Direct |
| 2011-02-08 | Common Stock | S | 3897 | $42.89 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-08 | Stock Appreciation Right | $33.14 | M | 5492 | Disposed | 2016-01-31 | Common Stock (5492) | Direct |
| 2011-02-08 | Stock Appreciation Right | $34.18 | M | 11250 | Disposed | 2016-01-31 | Common Stock (11250) | Direct |
Footnotes
F1: Represents the weighted average price of multiple transactions with a range of prices between $42.88 and $42.90. 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 derivative security became exercisable in four equal annual installments beginning on January 31, 2007.
F3: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.