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LOEWS CORP — Director's Dealing 2019
Nov 12, 2019
30284_dirs_2019-11-12_d6463ca7-d59f-4f37-b8dd-eff51976aa49.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: 2019-11-07
Reporting Person: SIEGEL KENNETH I (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-07 | Common Stock | M | 5625 | $38.46 | Acquired | 5625 | Direct |
| 2019-11-07 | Common Stock | M | 5625 | $35.52 | Acquired | 11250 | Direct |
| 2019-11-07 | Common Stock | D | 8224 | $50.60 | Disposed | 3026 | Direct |
| 2019-11-07 | Common Stock | S | 3026 | $51.14 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-07 | Stock Appreciation Right | $38.46 | M | 5625 | Disposed | 2025-01-09 | Common Stock (5625) | Direct |
| 2019-11-07 | Stock Appreciation Right | $35.52 | M | 5625 | Disposed | 2025-01-09 | Common Stock (5625) | Direct |
Footnotes
F1: Represents the weighted average price of multiple transactions with a range of prices between $51.14 and $51.33. 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 9, 2016.
F3: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.