LOEWS CORP 4
4 · LOEWS CORP · Filed Mar 22, 2016
Insider Transaction Report
Form 4
GARSON GARY W
Sr. Vice Pres., GC & Sec.
Transactions
- Disposition to Issuer
Common Stock
2016-03-18$38.26/sh−6,393$244,596→ 4,857 total - Exercise/Conversion
Stock Appreciation Rights
2016-03-18−11,250→ 0 totalExercise: $21.74Exp: 2019-03-31→ Common Stock (11,250 underlying) - Exercise/Conversion
Common Stock
2016-03-18$21.74/sh+11,250$244,575→ 11,250 total - Sale
Common Stock
2016-03-18$38.92/sh−4,857$189,034→ 0 total
Footnotes (3)
- [F1]Represents the weighted average price of multiple transactions with a range of prices between $38.78 and $39.20. 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.
- [F2]The Derivative Security became exercisable in four equal annual installments beginning on January 13, 2009.
- [F3]The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.