LOEWS CORP — Director's Dealing 2020

Dec 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2020-12-10

Reporting Person: TISCH JAMES S (Director, Pres.&Chief Exec. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-10	Common Stock	M	15000	$39.81	Acquired	15000	Direct
2020-12-10	Common Stock	M	15000	$42.02	Acquired	30000	Direct
2020-12-10	Common Stock	M	15000	$35.04	Acquired	45000	Direct
2020-12-10	Common Stock	D	40504	$43.28	Disposed	4496	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-10	Stock Appreciation Right	$39.81	M	15000	Disposed	2021-01-11	Common Stock (15000)	Direct
2020-12-10	Stock Appreciation Right	$42.02	M	15000	Disposed	2021-01-11	Common Stock (15000)	Direct
2020-12-10	Stock Appreciation Right	$35.04	M	15000	Disposed	2021-01-11	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15759280	Indirect

Footnotes

F1: The Stock Appreciation Rights became exercisable in four equal installments beginning on January 11, 2012.

F2: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.