LOEWS CORP — Director's Dealing 2021

Mar 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2021-03-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-16	Common Stock	M	11250	$38.46	Acquired	45150.8	Direct
2021-03-16	Common Stock	M	11250	$35.52	Acquired	56400.8	Direct
2021-03-16	Common Stock	D	16122	$51.62	Disposed	40278.8	Direct
2021-03-16	Common Stock	S	6378	$51.34	Disposed	33900.8	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-16	Stock Appreciation Right	$38.46	M	11250	Disposed	2025-01-09	Common Stock (11250)	Direct
2021-03-16	Stock Appreciation Right	$35.52	M	11250	Disposed	2025-01-09	Common Stock (11250)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $51.20 and $51.47. 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 9, 2016.

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

F4: The Stock Appreciation Rights became exercisable in quarterly installments beginning on January 9, 2016.