Kenneth I. Siegel - May 17, 2021 Form 4 Insider Report for LOEWS CORP (L)

Role
Senior Vice President
Signature
/s/ Thomas H. Watson, by power of attorney for Kenneth I. Siegel
Stock symbol
L
Transactions as of
May 17, 2021
Transactions value $
-$645,232
Form type
4
Date filed
5/18/2021, 12:04 PM
Next filing
Feb 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction L Common Stock Options Exercise $472K +11.3K +160.88% $41.93 18.2K May 17, 2021 Direct
transaction L Common Stock Options Exercise $494K +11.3K +61.67% $43.89 29.5K May 17, 2021 Direct
transaction L Common Stock Options Exercise $500K +11.3K +38.14% $44.44 40.7K May 17, 2021 Direct
transaction L Common Stock Options Exercise $529K +11.3K +27.61% $46.99 52K May 17, 2021 Direct
transaction L Common Stock Disposed to Issuer -$1.99M -34K -65.34% $58.70 18K May 17, 2021 Direct
transaction L Common Stock Sale -$645K -11K -61.2% $58.50 6.99K May 17, 2021 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 May 17, 2021 Common Stock 11.3K $41.93 Direct F2, F3
transaction L Stock Appreciation Right Options Exercise $0 -11.3K -100% $0.00* 0 May 17, 2021 Common Stock 11.3K $43.89 Direct F2, F3
transaction L Stock Appreciation Right Options Exercise $0 -11.3K -100% $0.00* 0 May 17, 2021 Common Stock 11.3K $44.44 Direct F2, F3
transaction L Stock Appreciation Right Options Exercise $0 -11.3K -100% $0.00* 0 May 17, 2021 Common Stock 11.3K $46.99 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 $58.40 and $58.81. 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 quarterly installments beginning on January 8, 2014.
F3 The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.