LOEWS CORP — Director's Dealing 2021

Feb 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2021-02-08

Reporting Person: TISCH ANDREW H (Director, Co-Ch. of Bd/Off. Pres./Ch. EC)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-08	Restricted Stock Units	$	A	16963	Acquired		Common Stock (16963)	Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.

F2: 16,963 RSUs were awarded to the Reporting Person on February 10, 2020 subject to the Issuer achieving a pre-determined PBI Metric for 2020. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 8, 2021. 50% of the 2020 RSUs vest on February 10, 2022 and the remaining 50% vest on February 10, 2023. Shares of the Issuer's common stock will be delivered to the Reporting Person within 30 days after vesting, subject to any election to defer delivery of shares by the Reporting Person.