Paul J. Fribourg - Dec 1, 2021 Form 4 Insider Report for LOEWS CORP (L)

Role
Director
Signature
/s/ Thomas H. Watson by power of attorney for Paul J. Fribourg
Stock symbol
L
Transactions as of
Dec 1, 2021
Transactions value $
-$25,113
Form type
4
Date filed
12/2/2021, 12:02 PM
Previous filing
Nov 15, 2021
Next filing
Dec 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction L Common Stock Options Exercise $56.7K +1.5K $37.78 1.5K Dec 1, 2021 Direct
transaction L Common Stock Disposed to Issuer -$56.7K -1.04K -69.4% $54.43 459 Dec 1, 2021 Direct
transaction L Common Stock Sale -$25.1K -459 -100% $54.73 0 Dec 1, 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 -1.5K -100% $0.00* 0 Dec 1, 2021 Common Stock 1.5K $37.78 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 $54.43 and $54.74. 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.