SEC Form 4 · accession 0001140361-15-012583
LOEWS CORP · L
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L Bower
Director
Period of report
Mar 17, 2015
Accepted (ET)
Mar 19, 2015 · 10:50 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000060086
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 17, 2015 | M | 1,500 | $25.91 | A | 6,200 | D | |
| Common Stock | Mar 17, 2015 | M | 1,500 | $30.54 | A | 7,700 | D | |
| Common Stock | Mar 17, 2015 | M | 1,500 | $31.58 | A | 9,200 | D | |
| Common StockF1 | Mar 17, 2015 | S | 3,263 | $40.58 | D | 5,937 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $25.91 | Mar 17, 2015 | M | 1,500 | D | Jun 30, 2005 | Jun 30, 2015 | Common Stock | 1,500 | 0 | D |
| Stock OptionF2 | $30.54 | Mar 17, 2015 | M | 1,500 | D | Sep 30, 2005 | Sep 30, 2015 | Common Stock | 1,500 | 0 | D |
| Stock OptionF2 | $31.58 | Mar 17, 2015 | M | 1,500 | D | Dec 31, 2005 | Dec 31, 2015 | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1Represents the weighted average price of multiple transactions with a range of prices between $40.55 and $40.59. 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.
- F2The Reporting Person received the Derivative Security pursuant to a stock option grant at no cost.