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LOEWS CORP — Director's Dealing 2018
May 9, 2018
30284_dirs_2018-05-09_0ce491e0-12c9-406b-a85f-2c36127cf873.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: 2018-05-08
Reporting Person: DIKER CHARLES M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-09 | Common Stock | M | 2141 | — | Acquired | 7675 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-08 | Restricted Stock Units | $ | A | 1952 | Acquired | Common Stock (1952) | Direct | |
| 2018-05-09 | Restricted Stock Units | $ | M | 2141 | Disposed | Common Stock (2141) | Direct |
Footnotes
F1: Represents the conversion into common stock upon vesting of previously awarded restricted stock units ("RSUs").
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: The RSUs vest on May 8, 2019, and 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: As previously reported on Table II of a Form 4 filed in connection therewith, on May 9, 2017, the Reporting Person was granted 2,131 RSUs, which, together with 10 additional RSUs awarded to the Reporting Person on account of dividend equivalent rights associated with the such RSUs, vested on the first anniversary of the grant date. The common stock into which such vested RSUs converted is reported on Table I of this Form 4.