SEC Form 4 · accession 0001140361-17-044974
LOEWS CORP · L
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles M Diker
Director
Period of report
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 9:53 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 | Dec 1, 2017 | M | 1,500 | $49.42 | A | 7,034 | D | |
| Common Stock | Dec 1, 2017 | D | 1,468 | $50.48 | D | 5,566 | D | |
| Common StockF1 | Dec 1, 2017 | S | 32 | $50.07 | D | 5,534 | 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 | $49.42 | Dec 1, 2017 | M | 1,500 | A | Dec 31, 2007 | Dec 31, 2017 | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1Represents the weighted average price of multiple transactions with a range of prices between $49.94 and $50.48. 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.