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LOEWS CORP — Director's Dealing 2012
Nov 6, 2012
30284_dirs_2012-11-06_ae0c69d6-7b21-4799-886b-19dcf16aa35b.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: 2012-11-02
Reporting Person: GARSON GARY W (Sr. Vice Pres., GC & Sec.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-02 | Common Stock | M | 11250 | $20.06 | Acquired | 11250 | Direct |
| 2012-11-02 | Common Stock | S | 11250 | $42.45 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-11-02 | Stock Option | $20.06 | M | 11250 | Disposed | 2014-01-16 | Common Stock (11250) | Direct |
Footnotes
F1: Represents the weighted average price of multiple transactions with a range of prices between $42.37 and $42.52. 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 16, 2005.
F3: The Reporting Person received the Derivative Security pursuant to a stock option grant at no cost.
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