LOEWS CORP — Director's Dealing 2012

Sep 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2012-09-13

Reporting Person: SIEGEL KENNETH I (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-13	Common Stock	M	11250	$27.21	Acquired	11250	Direct
2012-09-13	Common Stock	M	5625	$33.12	Acquired	16875	Direct
2012-09-13	Common Stock	D	11723	$42.00	Disposed	5152	Direct
2012-09-13	Common Stock	S	5152	$42.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-13	Stock Appreciation Right	$27.21	M	11250	Disposed	2019-01-13	Common Stock (11250)	Direct
2012-09-13	Stock Appreciation Right	$33.12	M	5625	Disposed	2020-01-12	Common Stock (5625)	Direct

Footnotes

F1: The derivative security became exercisable in four equal annual installments beginning on January 13, 2010.

F2: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.

F3: The derivative security became exercisable in four equal annual installments beginning on January 12, 2011.