4//SEC Filing
Tisch Benjamin J 4
Accession 0000060086-24-000049
CIK 0000060086other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 4:15 PM ET
Size
11.0 KB
Accession
0000060086-24-000049
Insider Transaction Report
Form 4
Tisch Benjamin J
PRES. & CHIEF EXEC. OFFICER
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-02-07−3,700→ 3,701 total→ Common Stock (3,700 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-08−3,730→ 0 total→ Common Stock (3,730 underlying) - Exercise/Conversion
Common Stock
2024-02-07+3,700→ 359,311.8 total - Exercise/Conversion
Common Stock
2024-02-08+3,730→ 363,041.8 total
Footnotes (3)
- [F1]Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 7, 2022, the Reporting Person was awarded 7,401 RSUs ("2022 RSUs"), subject to the Issuer achieving a pre-determined level of performance based income ("PBI Metric") for 2022. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 6, 2023 and the 2022 RSUs were then reported on a Form 4 filed with the Securities and Exchange Commission. 50% of these RSUs vested on February 7, 2024. The remaining 2022 RSUs vest on February 7, 2025.
- [F2]Represents the conversion upon vesting of RSUs into common stock. On February 8, 2021, the Reporting Person was awarded 7,460 RSUs ("2021 RSUs"). 50% of these RSUs vested on February 8, 2023. The remaining 2021 RSUs vested on February 8, 2024.
- [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 0001738903
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 4:15 PM ET
- Size
- 11.0 KB