James S. Tisch - 18 Nov 2021 Form 4 Insider Report for LOEWS CORP (L)

Signature
/s/ Thomas H. Watson by power of attorney for James S. Tisch
Issuer symbol
L
Transactions as of
18 Nov 2021
Net transactions value
-$129
Form type
4
Filing time
19 Nov 2021, 15:05:53 UTC
Previous filing
01 Oct 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction L Common Stock Options Exercise $567,900 +15,000 +2.7% $37.86 574,995 18 Nov 2021 Direct
transaction L Common Stock Options Exercise $591,150 +15,000 +2.6% $39.41 589,995 18 Nov 2021 Direct
transaction L Common Stock Options Exercise $597,000 +15,000 +2.5% $39.80 604,995 18 Nov 2021 Direct
transaction L Common Stock Options Exercise $617,100 +15,000 +2.5% $41.14 619,995 18 Nov 2021 Direct
transaction L Common Stock Disposed to Issuer $2,373,279 -41,695 -6.7% $56.92 578,300 18 Nov 2021 Direct
holding L Common Stock 559,995 18 Nov 2021 By Spouse
holding L Common Stock 14,789,192 18 Nov 2021 By Trusts

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 -15,000 -100% $0.000000* 0 18 Nov 2021 Common Stock 15,000 $37.86 Direct F1, F2
transaction L Stock Appreciation Right Options Exercise $0 -15,000 -100% $0.000000* 0 18 Nov 2021 Common Stock 15,000 $39.41 Direct F1, F2
transaction L Stock Appreciation Right Options Exercise $0 -15,000 -100% $0.000000* 0 18 Nov 2021 Common Stock 15,000 $39.80 Direct F1, F2
transaction L Stock Appreciation Right Options Exercise $0 -15,000 -100% $0.000000* 0 18 Nov 2021 Common Stock 15,000 $41.14 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 10, 2013.
F2 The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.