4//SEC Filing
Wang Jane J. 4
Accession 0000060086-24-000051
CIK 0000060086other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 4:18 PM ET
Size
14.4 KB
Accession
0000060086-24-000051
Insider Transaction Report
Form 4
Wang Jane J.
Sr. Vice President & CFO
Transactions
- Exercise/Conversion
Common Stock
2024-02-08+3,197→ 7,726 total - Tax Payment
Common Stock
2024-02-08$72.66/sh−1,768$128,463→ 5,958 total - Exercise/Conversion
Restricted Stock Units
2024-02-07−4,111→ 4,112 total→ Common Stock (4,111 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-08−3,197→ 0 total→ Common Stock (3,197 underlying) - Exercise/Conversion
Common Stock
2024-02-07+4,111→ 6,803 total - Tax Payment
Common Stock
2024-02-07$72.81/sh−2,274$165,570→ 4,529 total
Footnotes (5)
- [F1]Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 7, 2022, the Reporting Person was awarded 8,223 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]The Reporting Person is reporting the withholding by the Issuer of shares of common stock that vested in respect of the 2022 RSUs on February 7, 2024 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
- [F3]Represents the conversion upon vesting of RSUs into common stock. On February 8, 2021, the Reporting Person was awarded 6,394 RSUs ("2021 RSUs"). 50% of these RSUs vested on February 8, 2023. The remaining 2021 RSUs vested on February 8, 2024.
- [F4]The Reporting Person is reporting the withholding by the Issuer of shares of common stock that vested in respect of the 2021 RSUs on February 8, 2024 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
- [F5]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 0001762618
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 4:18 PM ET
- Size
- 14.4 KB