Charles D. Davidson - Aug 9, 2023 Form 4 Insider Report for LOEWS CORP (L)

Role
Director
Signature
/s/ Thomas H. Watson by power of attorney for Charles D. Davidson
Stock symbol
L
Transactions as of
Aug 9, 2023
Transactions value $
-$224,729
Form type
4
Date filed
8/10/2023, 04:05 PM
Previous filing
May 10, 2023
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction L Common Stock Options Exercise $91.4K +2.25K +8.93% $40.61 27.4K Aug 9, 2023 Direct
transaction L Common Stock Options Exercise $86.5K +2.25K +8.2% $38.46 29.7K Aug 9, 2023 Direct
transaction L Common Stock Options Exercise $79.9K +2.25K +7.58% $35.52 31.9K Aug 9, 2023 Direct
transaction L Common Stock Options Exercise $87K +2.25K +7.04% $38.67 34.2K Aug 9, 2023 Direct
transaction L Common Stock Disposed to Issuer -$345K -5.45K -15.95% $63.21 28.7K Aug 9, 2023 Direct
transaction L Common Stock Sale -$225K -3.55K -12.34% $63.40 25.2K Aug 9, 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 Aug 9, 2023 Common Stock 2.25K $40.61 Direct F2
transaction L Stock Appreciation Right Options Exercise $0 -2.25K -100% $0.00* 0 Aug 9, 2023 Common Stock 2.25K $38.46 Direct F2
transaction L Stock Appreciation Right Options Exercise $0 -2.25K -100% $0.00* 0 Aug 9, 2023 Common Stock 2.25K $35.52 Direct F2
transaction L Stock Appreciation Right Options Exercise $0 -2.25K -100% $0.00* 0 Aug 9, 2023 Common Stock 2.25K $38.67 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 $63.28 and $63.53 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.