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LOEWS CORP — Director's Dealing 2017
May 11, 2017
30284_dirs_2017-05-11_bdab5d75-f159-4cb4-a659-ef466ff01916.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: 2017-05-09
Reporting Person: DIKER CHARLES M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-10 | Common Stock | M | 2534 | — | Acquired | 5534 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-09 | Restricted Stock Units | $ | A | 2131 | Acquired | Common Stock (2131) | Direct | |
| 2017-05-10 | Restricted Stock Units | $ | M | 2534 | Disposed | Common Stock (2534) | Direct |
Footnotes
F1: Restricted stock units (each, an "RSU") convert into shares of common stock on a one-for-one basis.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: The RSUs vest on May 9, 2018. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting, subject to any election to defer delivery of shares made by the Reporting Person.
F4: On May 10, 2016, the Reporting Person was granted 2,520 RSUs, which, together with 14 additional RSUs awarded to the Reporting Person on account of dividend equivalent rights associated with the 2016 RSUs, vest on the first anniversary of the grant date.