LOEWS CORP — Director's Dealing 2021

Dec 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2021-12-07

Reporting Person: SCOTT RICHARD WALDO (SVP & Chief Investment Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-07	Common Stock	M	11250	$41.93	Acquired	45150.8	Direct
2021-12-07	Common Stock	M	11250	$43.89	Acquired	56400.8	Direct
2021-12-07	Common Stock	D	17134	$56.35	Disposed	39266.8	Direct
2021-12-07	Common Stock	S	5366	$56.89	Disposed	33900.8	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-07	Stock Appreciation Right	$41.93	M	11250	Disposed	2023-01-08	Common Stock (11250)	Direct
2021-12-07	Stock Appreciation Right	$43.89	M	11250	Disposed	2023-01-08	Common Stock (11250)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $56.88 and $56.90. 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 equal quarterly installments beginning on January 8, 2014.

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