ANN E. BERMAN - 01 Dec 2021 Form 4 Insider Report for LOEWS CORP (L)

Role: Director
Signature: /s/ Thomas H. Watson by power of attorney for Ann E. Berman
Issuer symbol: L
Transactions as of: 01 Dec 2021
Net transactions value: -$25,104
Form type: 4
Filing time: 02 Dec 2021, 11:57:44 UTC
Previous filing: 01 Sep 2021
Next filing: 02 Mar 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	$56,670	+1,500		$37.78	1,500	01 Dec 2021	Direct
transaction	L	Common Stock	Disposed to Issuer	$56,662	-1,041	-69%	$54.43	459	01 Dec 2021	Direct
transaction	L	Common Stock	Sale	$25,112	-459	-100%	$54.71	0	01 Dec 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	-1,500	-100%	$0.000000^*	0	01 Dec 2021	Common Stock	1,500	$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 $54.71. 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.