TISCH JONATHAN M - 03 Jan 2023 Form 4 Insider Report for LOEWS CORP (L)

Role
Co-Ch. of Bd/Off. of the Pres., Director
Signature
/s/ Thomas H. Watson, by power of attorney for Jonathan M. Tisch
Issuer symbol
L
Transactions as of
03 Jan 2023
Transactions value $
-$844,795
Form type
4
Filing time
04 Jan 2023, 13:53:06 UTC
Previous filing
31 May 2022
Next filing
08 Feb 2023
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 $628,950 +15,000 $41.93 15,000 03 Jan 2023 Direct
transaction L Common Stock Options Exercise $658,350 +15,000 +100% $43.89 30,000 03 Jan 2023 Direct
transaction L Common Stock Options Exercise $666,600 +15,000 +50% $44.44 45,000 03 Jan 2023 Direct
transaction L Common Stock Options Exercise $704,850 +15,000 +33.33% $46.99 60,000 03 Jan 2023 Direct
transaction L Common Stock Disposed to Issuer -$2,658,671 -45,533 -75.89% $58.39 14,467 03 Jan 2023 Direct
transaction L Common Stock Sale -$844,872 -14,467 -100% $58.4 0 03 Jan 2023 Direct F1
holding L Common Stock 8,683,932 03 Jan 2023 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* 0 03 Jan 2023 Common Stock 15,000 $41.93 Direct F2, F3
transaction L Stock Appreciation Right Options Exercise $0 -15,000 -100% $0* 0 03 Jan 2023 Common Stock 15,000 $43.89 Direct F2, F3
transaction L Stock Appreciation Right Options Exercise $0 -15,000 -100% $0* 0 03 Jan 2023 Common Stock 15,000 $44.44 Direct F2, F3
transaction L Stock Appreciation Right Options Exercise $0 -15,000 -100% $0* 0 03 Jan 2023 Common Stock 15,000 $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 $58.12 and $59.04. 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 equal 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.