SEC Form 4 · accession 0001140361-16-068268
LOEWS CORP · L
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann E Berman
Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 2, 2016 · 4:13 pm 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 | Jun 1, 2016 | M | 1,500 | $34.89 | A | 1,500 | D | |
| Common Stock | Jun 1, 2016 | D | 1,297 | $40.33 | D | 203 | D | |
| Common StockF1 | Jun 1, 2016 | S | 203 | $40.33 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2 | $34.89 | Jun 1, 2016 | M | 1,500 | D | Jun 30, 2006 | Jun 30, 2016 | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1Represents the weighted average price of multiple transactions with a range of prices between $40.16 and $40.37. 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 appreciation right grant at no cost.