SEC Form 4 · accession 0001567619-18-007334

LOEWS CORP · L

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jun 12, 2018

Accepted (ET)

Dec 4, 2018 · 4:24 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
Common Stock	Jun 12, 2018	L	3	$50.02	A	10,678	D
Common Stock	Dec 3, 2018	M	1,500	$27.11	A	12,178	D
Common Stock	Dec 3, 2018	D	836	$48.59	D	11,342	D
Common Stock^F2	Dec 3, 2018	S	664	$48.47	D	10,678	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Appreciation Right^F3	$27.11	Dec 3, 2018	M	1,500	D	Dec 31, 2008	Dec 31, 2018	Common Stock	1,500	0	D

F1The Reporting Person's purchase of 2.56 shares of Common Stock reported herein, which resulted from an erroneous broker enrollment of the Reporting Person in an automatic dividend reinvestment program, was matchable under Section 16(b) of the Securities Exchange Act of 1934 with the Reporting Person's previously and timely reported sales of 2.56 shares of Common Stock at a price of $50.34 per share on September 4, 2018. The Reporting Person has agreed to pay to the Issuer $0.82, representing the full amount of the profit realized in connection with the short-swing transaction.
F2Represents the weighted average price of multiple transactions with a range of prices between $48.47 and $48.59. 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.
F3The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.