LOEWS CORP — Director's Dealing 2019

Nov 26, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2019-11-25

Reporting Person: EDELSON DAVID B (Sr. Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-25	Common Stock	M	11250	$37.26	Acquired	26926.8	Direct
2019-11-25	Common Stock	M	11250	$33.12	Acquired	38176.8	Direct
2019-11-25	Common Stock	M	11250	$37.82	Acquired	49426.8	Direct
2019-11-25	Common Stock	D	24009	$50.70	Disposed	25417.8	Direct
2019-11-25	Common Stock	S	9741	$50.89	Disposed	15676.8	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-25	Stock Appreciation Right	$37.26	M	11250	Disposed	2020-01-12	Common Stock (11250)	Direct
2019-11-25	Stock Appreciation Right	$33.12	M	11250	Disposed	2020-01-12	Common Stock (11250)	Direct
2019-11-25	Stock Appreciation Right	$37.82	M	11250	Disposed	2020-01-12	Common Stock (11250)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $50.85 and $50.95. 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 12, 2011.

F3: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.