LOEWS CORP — Director's Dealing 2021

Aug 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2021-08-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-11	Common Stock	M	11250	$37.86	Acquired	41062.8	Direct
2021-08-11	Common Stock	M	11250	$39.41	Acquired	52312.8	Direct
2021-08-11	Common Stock	M	11250	$39.80	Acquired	63562.8	Direct
2021-08-11	Common Stock	M	11250	$41.14	Acquired	74812.8	Direct
2021-08-11	Common Stock	D	32137	$55.38	Disposed	42675.8	Direct
2021-08-11	Common Stock	S	12863	$55.92	Disposed	29812.8	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-11	Stock Appreciation Right	$37.86	M	11250	Disposed	2022-01-10	Common Stock (11250)	Direct
2021-08-11	Stock Appreciation Right	$39.41	M	11250	Disposed	2022-01-10	Common Stock (11250)	Direct
2021-08-11	Stock Appreciation Right	$39.80	M	11250	Disposed	2022-01-10	Common Stock (11250)	Direct
2021-08-11	Stock Appreciation Right	$41.14	M	11250	Disposed	2022-01-10	Common Stock (11250)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $55.77 and $56.08. 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 quarterly installments beginning on January 10, 2013.

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