LOEWS CORP — Director's Dealing 2017

Nov 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2017-11-13

Reporting Person: SCOTT RICHARD WALDO (SVP & Chief Investment Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-13	Common Stock	M	11250	$33.12	Acquired	11250	Direct
2017-11-13	Common Stock	M	11250	$37.26	Acquired	22500	Direct
2017-11-13	Common Stock	D	16029	$49.40	Disposed	6471	Direct
2017-11-13	Common Stock	S	6471	$49.80	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-13	Stock Appreciation Right	$33.12	M	11250	Disposed	2020-01-12	Common Stock (11250)	Direct
2017-11-13	Stock Appreciation Right	$37.26	M	11250	Disposed	2020-01-12	Common Stock (11250)	Direct

Footnotes

F1: The Stock Appreciation Rights became exercisable in four equal installments beginning on January 12, 2011.

F2: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.