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LOEWS CORP — Director's Dealing 2012
Nov 13, 2012
30284_dirs_2012-11-13_c3383496-428d-4568-8286-a42d0d949189.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: 2012-11-08
Reporting Person: TISCH JONATHAN M (Director, Co-Ch. of Bd/Off. of the Pres.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-08 | Common Stock | M | 9090 | $15.61 | Acquired | 9090 | Direct |
| 2012-11-08 | Common Stock | S | 9090 | $40.95 | Disposed | 8572771 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-11-08 | Stock Option | $15.61 | M | 9090 | Disposed | 2013-01-21 | Common Stock (9090) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 8572771 | Indirect |
Footnotes
F1: Represents the weighted average price of multiple transactions with a range of prices between $40.88 and $41.03. 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 option became exercisable in four equal annual installments beginning on January 21, 2004.
F3: The Reporting Person received the Derivative Security pursuant to a stock option grant at no cost.