Kenneth I. Siegel - 17 May 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
Issuer symbol
L
Transactions as of
17 May 2021
Net transactions value
-$645,232
Form type
4
Filing time
18 May 2021, 12:04:17 UTC
Next filing
08 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction L Common Stock Options Exercise $471,712 +11,250 +161% $41.93 18,243 17 May 2021 Direct
transaction L Common Stock Options Exercise $493,762 +11,250 +62% $43.89 29,493 17 May 2021 Direct
transaction L Common Stock Options Exercise $499,950 +11,250 +38% $44.44 40,743 17 May 2021 Direct
transaction L Common Stock Options Exercise $528,638 +11,250 +28% $46.99 51,993 17 May 2021 Direct
transaction L Common Stock Disposed to Issuer $1,994,098 -33,971 -65% $58.70 18,022 17 May 2021 Direct
transaction L Common Stock Sale $645,196 -11,029 -61% $58.50 6,993 17 May 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 -11,250 -100% $0.000000* 0 17 May 2021 Common Stock 11,250 $41.93 Direct F2, F3
transaction L Stock Appreciation Right Options Exercise $0 -11,250 -100% $0.000000* 0 17 May 2021 Common Stock 11,250 $43.89 Direct F2, F3
transaction L Stock Appreciation Right Options Exercise $0 -11,250 -100% $0.000000* 0 17 May 2021 Common Stock 11,250 $44.44 Direct F2, F3
transaction L Stock Appreciation Right Options Exercise $0 -11,250 -100% $0.000000* 0 17 May 2021 Common Stock 11,250 $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.