Benjamin J. Tisch - 10 May 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
Issuer symbol
L
Transactions as of
10 May 2022
Net transactions value
$0
Form type
3
Filing time
12 May 2022, 11:29:03 UTC
Next filing
28 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding L Common Stock 13,648 10 May 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 10 May 2022 Common Stock 3,299 Direct F1, F2
holding L Restricted Stock Units 10 May 2022 Common Stock 7,460 Direct F2, F3
holding L Stock Appreciation Right 10 May 2022 Common Stock 1,875 $41.93 Direct F4
holding L Stock Appreciation Right 10 May 2022 Common Stock 1,875 $43.89 Direct F4
holding L Stock Appreciation Right 10 May 2022 Common Stock 1,875 $44.44 Direct F4
holding L Stock Appreciation Right 10 May 2022 Common Stock 1,875 $46.99 Direct F4
holding L Stock Appreciation Right 10 May 2022 Common Stock 3,750 $46.58 Direct F5
holding L Stock Appreciation Right 10 May 2022 Common Stock 3,750 $43.37 Direct F5
holding L Stock Appreciation Right 10 May 2022 Common Stock 3,750 $43.83 Direct F5
holding L Stock Appreciation Right 10 May 2022 Common Stock 3,750 $41.98 Direct F5
holding L Stock Appreciation Right 10 May 2022 Common Stock 3,750 $40.46 Direct F6
holding L Stock Appreciation Right 10 May 2022 Common Stock 3,750 $40.61 Direct F6
holding L Stock Appreciation Right 10 May 2022 Common Stock 3,750 $38.46 Direct F6
holding L Stock Appreciation Right 10 May 2022 Common Stock 3,750 $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.