LOEWS CORP — Director's Dealing 2016

Dec 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2016-12-09

Reporting Person: EDELSON DAVID B (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-09	Common Stock	M	11250	$40.34	Acquired	11250	Direct
2016-12-09	Common Stock	M	11250	$45.75	Acquired	22500	Direct
2016-12-09	Common Stock	D	20667	$46.86	Disposed	1833	Direct
2016-12-09	Common Stock	S	1833	$47.22	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-09	Stock Appreciation Rights	$40.34	M	11250	Disposed	2017-01-09	Common Stock (11250)	Direct
2016-12-09	Stock Appreciation Rights	$45.75	M	11250	Disposed	2017-01-09	Common Stock (11250)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $46.86 and $47.24. 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 9, 2008.

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