Benjamin J. Tisch - Nov 22, 2023 Form 4 Insider Report for LOEWS CORP (L)

Role
Sr. VP, Corp Dev and Strategy
Signature
/s/ Thomas H. Watson, by power of attorney for Benjamin J. Tisch
Stock symbol
L
Transactions as of
Nov 22, 2023
Transactions value $
$121
Form type
4
Date filed
11/27/2023, 04:16 PM
Previous filing
Jun 2, 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 $175K +3.75K +1.07% $46.58 354K Nov 22, 2023 Direct
transaction L Common Stock Options Exercise $163K +3.75K +1.06% $43.37 358K Nov 22, 2023 Direct
transaction L Common Stock Options Exercise $164K +3.75K +1.05% $43.83 362K Nov 22, 2023 Direct
transaction L Common Stock Options Exercise $157K +3.75K +1.04% $41.98 365K Nov 22, 2023 Direct
transaction L Common Stock Disposed to Issuer -$659K -9.7K -2.65% $67.95 356K Nov 22, 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
transaction L Stock Appreciation Right Options Exercise $0 -3.75K -100% $0.00* 0 Nov 22, 2023 Common Stock 3.75K $46.58 Direct F1, F2
transaction L Stock Appreciation Right Options Exercise $0 -3.75K -100% $0.00* 0 Nov 22, 2023 Common Stock 3.75K $43.37 Direct F1, F2
transaction L Stock Appreciation Right Options Exercise $0 -3.75K -100% $0.00* 0 Nov 22, 2023 Common Stock 3.75K $43.83 Direct F1, F2
transaction L Stock Appreciation Right Options Exercise $0 -3.75K -100% $0.00* 0 Nov 22, 2023 Common Stock 3.75K $41.98 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Appreciation Rights became exercisable in equal quarterly installments beginning on January 14, 2015.
F2 The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.