Paul J. Fribourg - Mar 1, 2023 Form 4 Insider Report for LOEWS CORP (L)

Role
Director
Signature
/s/ Thomas H. Watson by power of attorney for Paul J. Fribourg
Stock symbol
L
Transactions as of
Mar 1, 2023
Transactions value $
-$38,091
Form type
4
Date filed
3/2/2023, 11:52 AM
Previous filing
Mar 1, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction L Common Stock Options Exercise $98.8K +2.25K $43.89 2.25K Mar 1, 2023 Direct
transaction L Common Stock Disposed to Issuer -$98.7K -1.63K -72.22% $60.75 625 Mar 1, 2023 Direct
transaction L Common Stock Sale -$38.1K -625 -100% $61.00 0 Mar 1, 2023 Direct F1

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 Stock Appreciation Right Options Exercise $0 -2.25K -100% $0.00* 0 Mar 1, 2023 Common Stock 2.25K $43.89 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average price of multiple transactions with a range of prices between $60.75 and $61.00. The Reporting Person, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities at each separate price sold."
F2 The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.