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LOEWS CORP — Director's Dealing 2023
Jan 3, 2023
30284_dirs_2023-01-03_789486fe-9f8f-4062-8147-2543aea39196.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2023-01-01
Reporting Person: Tisch Alexander H (VP; Pres. & CEO, Loews Hotels)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 20316 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (3299.0) | Direct | ||
| Restricted Stock Units | $ | Common Stock (7460.0) | Direct | ||
| Restricted Stock Units | $ | Common Stock (7401.0) | Direct | ||
| Stock Appreciation Right | $46.58 | 2024-01-14 | Common Stock (3750.0) | Direct | |
| Stock Appreciation Right | $43.37 | 2024-01-14 | Common Stock (3750.0) | Direct | |
| Stock Appreciation Right | $43.83 | 2024-01-14 | Common Stock (3750.0) | Direct | |
| Stock Appreciation Right | $41.98 | 2024-01-14 | Common Stock (3750.0) | Direct | |
| Stock Appreciation Right | $40.46 | 2025-01-09 | Common Stock (3750.0) | Direct | |
| Stock Appreciation Right | $40.61 | 2025-01-09 | Common Stock (3750.0) | Direct | |
| Stock Appreciation Right | $38.46 | 2025-01-09 | Common Stock (3750.0) | Direct | |
| Stock Appreciation Right | $35.52 | 2025-01-09 | Common Stock (3750.0) | Direct |
Footnotes
F1: The restricted stock units ("RSUs") 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.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: 50% of the RSUs vest on February 8, 2023 and the remaining 50% vest on February 8, 2024. 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.
F4: 50% of the RSUs vest on February 7, 2024 and the remaining 50% vest on February 7, 2025. 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.
F5: The stock appreciation right became exercisable in four equal annual installments beginning on January 14, 2015.
F6: The stock appreciation right became exercisable in four equal annual installments beginning on January 9, 2016.