LOEWS CORP — Director's Dealing 2013

Aug 16, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2013-08-14

Reporting Person: SIEGEL KENNETH I (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-14	Common Stock	M	11250	$34.64	Acquired	11250	Direct
2013-08-14	Common Stock	M	5625	$35.04	Acquired	16875	Direct
2013-08-14	Common Stock	M	2812	$33.12	Acquired	19687	Direct
2013-08-14	Common Stock	M	3750	$27.21	Acquired	23437	Direct
2013-08-14	Common Stock	D	16666	$46.92	Disposed	6771	Direct
2013-08-14	Common Stock	S	6771	$47.11	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-14	Stock Appreciation Right	$34.64	M	11250	Disposed	2019-01-13	Common Stock (11250)	Direct
2013-08-14	Stock Appreciation Right	$35.04	M	5625	Disposed	2021-01-11	Common Stock (5625)	Direct
2013-08-14	Stock Appreciation Right	$33.12	M	2812	Disposed	2020-01-12	Common Stock (2812)	Direct
2013-08-14	Stock Appreciation Right	$27.21	M	3750	Disposed	2019-01-13	Common Stock (3750)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $47.03 and $47.33. 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 13, 2010.

F3: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.

F4: The derivative security became exercisable in four equal annual installments beginning on January 11, 2012.

F5: The derivative security became exercisable in four equal annual installments beginning on January 12, 2011.