4//SEC Filing
SCHWARTZ MARK S 4
Accession 0000060086-23-000063
CIK 0000060086other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 2:39 PM ET
Size
8.9 KB
Accession
0000060086-23-000063
Insider Transaction Report
Form 4
Schwartz Mark
Controller
Transactions
- Exercise/Conversion
Common Stock
2023-02-10+4,194→ 13,412 total - Tax Payment
Common Stock
2023-02-10$61.75/sh−1,512$93,366→ 11,900 total - Exercise/Conversion
Restricted Stock Units
2023-02-10−4,194→ 0 total→ Common Stock (4,194 underlying)
Footnotes (3)
- [F1]Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 10, 2020, the Reporting Person was awarded 8,387 RSUs. 50% of these RSUs previously vested on February 10, 2022. The remaining 2020 RSUs vested on February 10, 2023. Shares of the Issuer's common stock will be delivered to the Reporting Person within 30 days after vesting, subject to any election to defer delivery of the shares by the Reporting Person.
- [F2]The Reporting Person is reporting the withholding, by the Issuer, of 1,512 shares of common stock that vested in respect of the 2020 RSUs on February 10, 2023 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
Documents
Issuer
LOEWS CORP
CIK 0000060086
Entity typeother
Related Parties
1- filerCIK 0001331842
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 2:39 PM ET
- Size
- 8.9 KB