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LOEWS CORP — Director's Dealing 2017
Dec 1, 2017
30284_dirs_2017-12-01_6563f230-8dc4-4396-8e67-f460215d8587.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: 2017-11-30
Reporting Person: SCHWARTZ MARK S (VP & Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-30 | Common Stock | M | 5000 | $39.81 | Acquired | 5000 | Direct |
| 2017-11-30 | Common Stock | M | 5000 | $39.80 | Acquired | 10000 | Direct |
| 2017-11-30 | Common Stock | M | 5000 | $41.14 | Acquired | 15000 | Direct |
| 2017-11-30 | Common Stock | M | 3750 | $40.46 | Acquired | 18750 | Direct |
| 2017-11-30 | Common Stock | M | 3750 | $40.61 | Acquired | 22500 | Direct |
| 2017-11-30 | Common Stock | M | 3750 | $38.46 | Acquired | 26250 | Direct |
| 2017-11-30 | Common Stock | M | 3750 | $35.52 | Acquired | 30000 | Direct |
| 2017-11-30 | Common Stock | D | 23511 | $50.41 | Disposed | 6489 | Direct |
| 2017-11-30 | Common Stock | S | 6489 | $50.25 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-30 | Stock Appreciation Right | $39.81 | M | 5000 | Disposed | 2021-01-11 | Common Stock (5000) | Direct |
| 2017-11-30 | Stock Appreciation Right | $39.80 | M | 5000 | Disposed | 2022-01-10 | Common Stock (5000) | Direct |
| 2017-11-30 | Stock Appreciation Right | $41.14 | M | 5000 | Disposed | 2022-01-10 | Common Stock (5000) | Direct |
| 2017-11-30 | Stock Appreciation Right | $40.46 | M | 3750 | Disposed | 2025-01-09 | Common Stock (3750) | Direct |
| 2017-11-30 | Stock Apprication Right | $40.61 | M | 3750 | Disposed | 2025-01-09 | Common Stock (3750) | Direct |
| 2017-11-30 | Stock Appreciation Right | $38.46 | M | 3750 | Disposed | 2025-01-09 | Common Stock (3750) | Direct |
| 2017-11-30 | Stock Appreciation Right | $35.52 | M | 3750 | Disposed | 2025-01-09 | Common Stock (3750) | Direct |
Footnotes
F1: Represents the weighted average price of multiple transactions with a range of prices between $50.23 and $50.28. 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 11, 2012.
F3: The Stock Appreciation Rights became exercisable in four equal installments beginning on January 10, 2013.
F4: The Stock Appreciation Rights became exercisable in four equal installments beginning on January 9, 2016.
F5: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.