SEC Form 4 · accession 0001567619-19-006090
LOEWS CORP · L
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann E Berman
Director
Period of report
Mar 4, 2019
Accepted (ET)
Mar 5, 2019 · 11:10 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 | Mar 4, 2019 | M | 1,500 | $37.26 | A | 1,500 | D | |
| Common Stock | Mar 4, 2019 | M | 1,500 | $33.12 | A | 3,000 | D | |
| Common Stock | Mar 4, 2019 | M | 1,500 | $37.82 | A | 4,500 | D | |
| Common Stock | Mar 4, 2019 | M | 1,500 | $38.99 | A | 6,000 | D | |
| Common Stock | Mar 4, 2019 | D | 4,601 | $47.96 | D | 1,399 | D | |
| Common StockF1 | Mar 4, 2019 | S | 1,399 | $48.24 | 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 | $37.26 | Mar 4, 2019 | M | 1,500 | D | Mar 31, 2010 | Mar 31, 2020 | Common Stock | 1,500 | 0 | D |
| Stock Appreciation RightF2 | $33.12 | Mar 4, 2019 | M | 1,500 | D | Jun 30, 2010 | Jun 30, 2020 | Common Stock | 1,500 | 0 | D |
| Stock Appreciation RightF2 | $37.82 | Mar 4, 2019 | M | 1,500 | D | Sep 30, 2010 | Sep 30, 2020 | Common Stock | 1,500 | 0 | D |
| Stock Appreciation RightF2 | $38.99 | Mar 4, 2019 | M | 1,500 | D | Dec 31, 2010 | Dec 31, 2020 | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1Represents the weighted average price of multiple transactions with a range of prices between $48.24 and $48.24. 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.