SEC Form 4 · accession 0001140361-16-054491
LOEWS CORP · L
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L Bower
Director
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 11:49 am EST
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 | Feb 19, 2016 | M | 1,500 | $34.18 | A | 7,437 | D | |
| Common Stock | Feb 19, 2016 | M | 1,500 | $34.89 | A | 8,937 | D | |
| Common Stock | Feb 19, 2016 | D | 1,401 | $37.33 | D | 7,536 | D | |
| Common Stock | Feb 19, 2016 | S | 1,599 | $37.05 | 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 OptionF1 | $34.18 | Feb 19, 2016 | M | 1,500 | D | Mar 31, 2006 | Mar 31, 2016 | Common Stock | 1,500 | 0 | D |
| Stock Appreciation RightF2 | $34.89 | Feb 19, 2016 | M | 1,500 | D | Jun 30, 2006 | Jun 30, 2016 | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1The Reporting Person received the Derivative Security pursuant to a stock option grant at no cost.
- F2The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.