SEC Form 4 · accession 0001140361-17-047295
LOEWS CORP · L
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth I Siegel
Officer — Senior Vice President
Period of report
Dec 21, 2017
Accepted (ET)
Dec 26, 2017 · 12:35 pm 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 21, 2017 | M | 11,250 | $41.14 | A | 11,250 | D | |
| Common Stock | Dec 21, 2017 | D | 9,310 | $49.71 | D | 1,940 | D | |
| Common Stock | Dec 21, 2017 | S | 1,940 | $49.86 | 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,F1 | $41.14 | Dec 21, 2017 | M | 11,250 | D | — | Jan 10, 2022 | Common Stock | 11,250 | 0 | D |
Explanation of responses
- F1The Stock Appreciation Rights became exercisable in four equal installments beginning on January 10, 2013.
- F2The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.