AI assistant
LOEWS CORP — Director's Dealing 2018
Dec 13, 2018
30284_dirs_2018-12-13_53121d05-e9d3-4818-9f0f-f5cfbd98dc91.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2018-12-11
Reporting Person: LASKAWY PHILIP A (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-12-11 | Restricted Stock Units | $ | A | 6.5 | Acquired | Common Stock (6.5) | Direct | |
| 2018-12-11 | Restricted Stock Units | $ | A | 2.7 | Acquired | Common Stock (2.7) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2: Represents additional RSUs awarded to the Reporting Person on account of dividend equivalent rights associated with previously vested RSUs for which the Reporting Person has elected to defer delivery of shares. Such additional RSUs are fully vested on grant and will settle, together with the previously vested underlying RSUs to which they relate, on the applicable deferred delivery date.
F3: Represents additional RSUs awarded to the Reporting Person on account of dividend equivalent rights associated with RSUs awarded on May 8, 2018 (the "2018 RSUs"). These RSUs vest, and shares of the Issuer's common stock will be delivered to the Reporting Person, concurrently with the 2018 RSUs, which will vest on May 8, 2019, subject to any election to defer delivery of shares made by the Reporting Person with respect to such 2018 RSUs.