LOEWS CORP — Director's Dealing 2021

Nov 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2021-11-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-18	Common Stock	M	15000	$37.86	Acquired	574995	Direct
2021-11-18	Common Stock	M	15000	$39.41	Acquired	589995	Direct
2021-11-18	Common Stock	M	15000	$39.80	Acquired	604995	Direct
2021-11-18	Common Stock	M	15000	$41.14	Acquired	619995	Direct
2021-11-18	Common Stock	D	41695	$56.92	Disposed	578300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-18	Stock Appreciation Right	$37.86	M	15000	Disposed	2022-01-10	Common Stock (15000)	Direct
2021-11-18	Stock Appreciation Right	$39.41	M	15000	Disposed	2022-01-10	Common Stock (15000)	Direct
2021-11-18	Stock Appreciation Right	$39.80	M	15000	Disposed	2022-01-10	Common Stock (15000)	Direct
2021-11-18	Stock Appreciation Right	$41.14	M	15000	Disposed	2022-01-10	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	559995	Indirect
Common Stock	14789192	Indirect

Footnotes

F1: The Stock Appreciation Rights became exercisable in equal quarterly installments beginning on January 10, 2013.

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