Mark S. Schwartz - Feb 7, 2022 Form 4 Insider Report for LOEWS CORP (L)

Role
V.P., C.A.O. and Treasurer
Signature
/s/ Thomas H. Watson by power of attorney for Mark S. Schwartz
Stock symbol
L
Transactions as of
Feb 7, 2022
Transactions value $
$0
Form type
4
Date filed
2/8/2022, 10:50 AM
Previous filing
Nov 10, 2021
Next filing
Feb 14, 2022

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 Restricted Stock Units Award $0 +8.22K $0.00 8.22K Feb 7, 2022 Common Stock 8.22K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 The Reporting Person was awarded 8,223 RSUs on February 7, 2022. 50% of these 2022 RSUs vest on February 7, 2024 and 50% vest on February 7, 2025. Shares of the Issuer's common stock will be delivered to the Reporting Person within 30 days after vesting, subject to any election to defer delivery of shares by the Reporting Person.