LOEWS CORP — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2021-01-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-05	Common Stock	M	11250	$39.81	Acquired	34069.80	Direct
2021-01-05	Common Stock	M	11250	$43.14	Acquired	45319.80	Direct
2021-01-05	Common Stock	M	11250	$42.02	Acquired	56569.80	Direct
2021-01-05	Common Stock	M	11250	$35.04	Acquired	67819.80	Direct
2021-01-05	Common Stock	D	40405	$44.55	Disposed	27414.80	Direct
2021-01-05	Common Stock	S	4595	$44.70	Disposed	22819.8	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-05	Stock Appreciation Right	$39.81	M	11250	Disposed	2011-01-11	Common Stock (11250)	Direct
2021-01-05	Stock Appreciation Right	$43.14	M	11250	Disposed	2011-01-11	Common Stock (11250)	Direct
2021-01-05	Stock Appreciation Right	$42.02	M	11250	Disposed	2011-01-11	Common Stock (11250)	Direct
2021-01-05	Stock Appreciation Right	$35.04	M	11250	Disposed	2011-01-11	Common Stock (11250)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $44.54 and $44.83 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 11, 2012.

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