FRENKEL JACOB A 4
4 · LOEWS CORP · Filed May 9, 2019
Insider Transaction Report
Form 4
FRENKEL JACOB A
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-05-08−1,959→ 0 total→ Common Stock (1,959 underlying) - Exercise/Conversion
Common Stock
2019-05-08+1,959→ 6,636.6 total
Footnotes (3)
- [F1]Represents the conversion into common stock upon vesting of previously awarded restricted stock units ("RSUs").
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F3]As previously reported on Table II of a Form 4 filed in connection therewith, on May 8, 2018, the Reporting Person was granted 1,952 RSUs, which, together with 7 additional RSUs awarded to the Reporting Person on account of dividend equivalent rights associated with the such RSUs, vested on the first anniversary of the grant date. The common stock into which such vested RSUs converted is reported on Table I of this Form 4.