Richard W. Scott - Aug 1, 2023 Form 4 Insider Report for LOEWS CORP (L)

Role
SVP & Chief Investment Officer
Signature
/s/ Thomas H. Watson, by power of attorney for Richard W. Scott
Stock symbol
L
Transactions as of
Aug 1, 2023
Transactions value $
-$506,412
Form type
4
Date filed
8/3/2023, 04:07 PM
Previous filing
Feb 13, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction L Common Stock Options Exercise $455K +11.3K +22.39% $40.46 61.5K Aug 1, 2023 Direct
transaction L Common Stock Options Exercise $457K +11.3K +18.29% $40.61 72.7K Aug 1, 2023 Direct
transaction L Common Stock Disposed to Issuer -$912K -14.4K -19.84% $63.20 58.3K Aug 1, 2023 Direct
transaction L Common Stock Sale -$506K -8.07K -13.84% $62.76 50.2K Aug 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 -11.3K -100% $0.00* 0 Aug 1, 2023 Common Stock 11.3K $40.46 Direct F2, F3
transaction L Stock Appreciation Right Options Exercise $0 -11.3K -100% $0.00* 0 Aug 1, 2023 Common Stock 11.3K $40.61 Direct F2, F3
* 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 $62.60 and $62.90. 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 Stock Appreciation Rights became exercisable in equal quarterly installments beginning on January 9, 2016.
F3 The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.