LOEWS CORP — Director's Dealing 2012

Sep 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2012-09-19

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
2012-09-19	Common Stock	M	5929	$15.61	Acquired	3176164	Direct
2012-09-19	Common Stock	S	5929	$41.99	Disposed	3170235	Direct
2012-09-20	Common Stock	M	22533	$15.61	Acquired	3192768	Direct
2012-09-20	Common Stock	S	22533	$41.51	Disposed	3170235	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-19	Stock Option	$15.61	M	5929	Disposed	2013-01-21	Common Stock (5929)	Direct
2012-09-20	Stock Option	$15.61	M	22533	Disposed	2013-01-21	Common Stock (22533)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5402536	Indirect
Common Stock	5402536	Indirect
Common Stock	5402536	Indirect
Common Stock	5402536	Indirect

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $41.90 and $42.04. 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: Represents the weighted average price of multiple transactions with a range of prices between $41.50 and $41.58. 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.

F3: The stock option became exercisable in four equal annual installments beginning on January 21, 2004.

F4: The Reporting Person received the Derivative Security pursuant to a stock option grant at no cost.