Benjamin J. Tisch - May 10, 2022 Form 3 Insider Report for LOEWS CORP (L)

Role
Sr. VP, Corp Dev and Strategy
Signature
/s/ Thomas H. Watson, by power of attorney for Benjamin J. Tisch
Stock symbol
L
Transactions as of
May 10, 2022
Transactions value $
$0
Form type
3
Date filed
5/12/2022, 11:29 AM
Next filing
Nov 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding L Common Stock 13.6K May 10, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding L Restricted Stock Units May 10, 2022 Common Stock 3.3K Direct F1, F2
holding L Restricted Stock Units May 10, 2022 Common Stock 7.46K Direct F2, F3
holding L Stock Appreciation Right May 10, 2022 Common Stock 1.88K $41.93 Direct F4
holding L Stock Appreciation Right May 10, 2022 Common Stock 1.88K $43.89 Direct F4
holding L Stock Appreciation Right May 10, 2022 Common Stock 1.88K $44.44 Direct F4
holding L Stock Appreciation Right May 10, 2022 Common Stock 1.88K $46.99 Direct F4
holding L Stock Appreciation Right May 10, 2022 Common Stock 3.75K $46.58 Direct F5
holding L Stock Appreciation Right May 10, 2022 Common Stock 3.75K $43.37 Direct F5
holding L Stock Appreciation Right May 10, 2022 Common Stock 3.75K $43.83 Direct F5
holding L Stock Appreciation Right May 10, 2022 Common Stock 3.75K $41.98 Direct F5
holding L Stock Appreciation Right May 10, 2022 Common Stock 3.75K $40.46 Direct F6
holding L Stock Appreciation Right May 10, 2022 Common Stock 3.75K $40.61 Direct F6
holding L Stock Appreciation Right May 10, 2022 Common Stock 3.75K $38.46 Direct F6
holding L Stock Appreciation Right May 10, 2022 Common Stock 3.75K $35.52 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 The stock appreciation right became exercisable in four equal annual installments beginning on January 8, 2014.
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.