LOEWS CORP — Director's Dealing 2014

Jan 6, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2014-01-02

Reporting Person: TISCH ANDREW H (Director, Co-Ch. of Bd/Off. Pres./Ch. EC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-02	Common Stock	M	15000	$17.36	Acquired	4887469	Direct
2014-01-02	Common Stock	M	15000	$19.61	Acquired	4902469	Direct
2014-01-02	Common Stock	M	15000	$20.06	Acquired	4917469	Direct
2014-01-02	Common Stock	M	6683	$19.43	Acquired	4924152	Direct
2014-01-02	Common Stock	S	51683	$47.42	Disposed	4872469	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-02	Stock Option	$17.36	M	15000	Disposed	2014-01-16	Common Stock (15000)	Direct
2014-01-02	Stock Option	$19.61	M	15000	Disposed	2014-01-16	Common Stock (15000)	Direct
2014-01-02	Stock Option	$20.06	M	15000	Disposed	2014-01-16	Common Stock (15000)	Direct
2014-01-02	Stock Option	$19.43	M	6683	Disposed	2014-01-16	Common Stock (6683)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9820645	Indirect
Common Stock	9820645	Indirect

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $47.16 and $48.13. 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.