Alexander H. Tisch - Jan 1, 2023 Form 3 Insider Report for LOEWS CORP (L)

Role
VP; Pres. & CEO, Loews Hotels
Signature
/s/ Thomas H. Watson, by power of attorney for Alexander H. Tisch
Stock symbol
L
Transactions as of
Jan 1, 2023
Transactions value $
$0
Form type
3
Date filed
1/3/2023, 09:57 AM
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding L Common Stock 20.3K Jan 1, 2023 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 Jan 1, 2023 Common Stock 3.3K Direct F1, F2
holding L Restricted Stock Units Jan 1, 2023 Common Stock 7.46K Direct F2, F3
holding L Restricted Stock Units Jan 1, 2023 Common Stock 7.4K Direct F2, F4
holding L Stock Appreciation Right Jan 1, 2023 Common Stock 3.75K $46.58 Direct F5
holding L Stock Appreciation Right Jan 1, 2023 Common Stock 3.75K $43.37 Direct F5
holding L Stock Appreciation Right Jan 1, 2023 Common Stock 3.75K $43.83 Direct F5
holding L Stock Appreciation Right Jan 1, 2023 Common Stock 3.75K $41.98 Direct F5
holding L Stock Appreciation Right Jan 1, 2023 Common Stock 3.75K $40.46 Direct F6
holding L Stock Appreciation Right Jan 1, 2023 Common Stock 3.75K $40.61 Direct F6
holding L Stock Appreciation Right Jan 1, 2023 Common Stock 3.75K $38.46 Direct F6
holding L Stock Appreciation Right Jan 1, 2023 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 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.