SEC Form 4 · accession 0001567619-18-005215
LOEWS CORP · L
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann E Berman
Director
Period of report
Nov 6, 2018
Accepted (ET)
Nov 7, 2018 · 12:30 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 | Nov 6, 2018 | M | 1,500 | $21.74 | A | 1,500 | D | |
| Common Stock | Nov 6, 2018 | M | 1,500 | $27.21 | A | 3,000 | D | |
| Common Stock | Nov 6, 2018 | M | 1,500 | $34.64 | A | 4,500 | D | |
| Common Stock | Nov 6, 2018 | M | 1,500 | $36.45 | A | 6,000 | D | |
| Common Stock | Nov 6, 2018 | D | 3,784 | $47.56 | D | 2,216 | D | |
| Common StockF1 | Nov 6, 2018 | S | 2,216 | $49.27 | 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 | $21.74 | Nov 6, 2018 | M | 1,500 | D | Mar 31, 2009 | Mar 31, 2019 | Common Stock | 1,500 | 0 | D |
| Stock Appreciation RightF2 | $27.21 | Nov 6, 2018 | M | 1,500 | D | Jun 30, 2009 | Jun 30, 2019 | Common Stock | 1,500 | 0 | D |
| Stock Appreciation RightF2 | $34.64 | Nov 6, 2018 | M | 1,500 | D | Sep 30, 2009 | Sep 30, 2019 | Common Stock | 1,500 | 0 | D |
| Stock Appreciation RightF2 | $36.45 | Nov 6, 2018 | M | 1,500 | D | Dec 31, 2009 | Dec 31, 2019 | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1Represents the weighted average price of multiple transactions with a range of prices between $49.26 and $49.27. 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.