FRENKEL JACOB A 4
4 · LOEWS CORP · Filed Dec 13, 2018
Insider Transaction Report
Form 4
FRENKEL JACOB A
Director
Transactions
- Small Acquisition
Common Stock
2018-06-12$50.02/sh+2.6$130→ 4,677.6 total - Award
Restricted Stock Units
2018-12-11+2.7→ 1,959.6 total→ Common Stock (2.7 underlying)
Footnotes (3)
- [F1]The Reporting Person's purchase of 2.6 shares of Common Stock reported herein resulted from an erroneous broker enrollment of the Reporting Person in an automatic dividend reinvestment program.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F3]Represents additional RSUs awarded to the Reporting Person on account of dividend equivalent rights associated with RSUs awarded on May 8, 2018 (the "2018 RSUs"). These RSUs vest, and shares of the Issuer's common stock will be delivered to the Reporting Person, concurrently with the 2018 RSUs, which will vest on May 8, 2019, subject to any election to defer delivery of shares made by the Reporting Person with respect to such 2018 RSUs.