LOEWS CORP — Director's Dealing 2022

Feb 8, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2022-02-07

Reporting Person: TISCH ANDREW H (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-07	Restricted Stock Units	$	A	19184	Acquired		Common Stock (19184)	Direct

Footnotes

F1: Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F2: 19,184 RSUs were awarded to the Reporting Person on February 8, 2021 subject to the Issuer achieving a pre-determined target level of performance-based income ("PBI Metric") for 2021. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 7, 2022. As a result of the Reporting Person's retirement on December 31, 2021, the 2021 RSUs are fully vested and the underlying shares of the Issuer's common stock will be delivered to the Reporting Person following a six-month delay required under Section 409A of the Internal Revenue Code.