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LOEWS CORP — Director's Dealing 2016
Dec 6, 2016
30284_dirs_2016-12-06_c4670577-7444-4f9c-9ada-649c068b1692.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2016-12-02
Reporting Person: SCHWARTZ MARK S (VP & Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-02 | Common Stock | M | 3000 | $40.34 | Acquired | 3000 | Direct |
| 2016-12-02 | Common Stock | M | 3750 | $38.38 | Acquired | 6750 | Direct |
| 2016-12-02 | Common Stock | M | 1250 | $33.12 | Acquired | 8000 | Direct |
| 2016-12-02 | Common Stock | M | 5000 | $35.04 | Acquired | 13000 | Direct |
| 2016-12-02 | Common Stock | D | 10692 | $45.03 | Disposed | 2308 | Direct |
| 2016-12-02 | Common Stock | S | 2308 | $44.75 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-02 | Stock Appreciation Right | $40.34 | M | 3000 | Disposed | 2017-01-09 | Common Stock (3000) | Direct |
| 2016-12-02 | Stock Appreciation Right | $38.38 | M | 3750 | Disposed | 2018-01-08 | Common Stock (3750) | Direct |
| 2016-12-02 | Stock Appreciation Right | $33.12 | M | 1250 | Disposed | 2020-01-12 | Common Stock (1250) | Direct |
| 2016-12-02 | Stock Appreciation Right | $35.04 | M | 5000 | Disposed | 2021-01-11 | Common Stock (5000) | Direct |
Footnotes
F1: Represents the weighted average price of multiple transactions with a range of prices between $44.745 and $44.750. 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 Appreciation Rights became exercisable in four equal installments beginning on January 9, 2008.
F3: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.
F4: The Stock Appreciation Rights became exercisable in four equal installments beginning on January 8, 2009.
F5: The Stock Appreciation Rights became exercisable in four equal installments beginning on January 12, 2011.
F6: The Stock Appreciation Rights became exercisable in four equal installments beginning on January 11, 2012.