Mark S. Schwartz - 06 Feb 2023 Form 4 Insider Report for LOEWS CORP (L)

Role
V.P., C.A.O. and Treasurer
Signature
/s/ Thomas H. Watson by power of attorney for Mark S. Schwartz
Issuer symbol
L
Transactions as of
06 Feb 2023
Net transactions value
$0
Form type
4
Filing time
08 Feb 2023, 11:57:19 UTC
Previous filing
14 Feb 2022
Next filing
09 Feb 2023
SEC
View on sec.gov

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
transaction L Restricted Stock Units Award $0 +8,258 $0.000000 8,258 06 Feb 2023 Common Stock 8,258 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 The Reporting Person was awarded 8,258 RSUs on February 6, 2023. 50% of the 2023 RSUs vest on February 6, 2025 and the remaining 50% vest on February 6, 2026. 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.