Sec Form 4 Filing - SCHWARTZ MARK S @ LOEWS CORP - 2019-06-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SCHWARTZ MARK S
2. Issuer Name and Ticker or Trading Symbol
LOEWS CORP [ L]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP & Chief Accounting Officer
(Last) (First) (Middle)
667 MADISON AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
06/12/2019
(Street)
NEW YORK, NY10065-8087
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/12/2019 M 5,000 A $ 43.14 5,000 D
Common Stock 06/12/2019 M 5,000 A $ 42.02 10,000 D
Common Stock 06/12/2019 M 5,000 A $ 41.93 15,000 D
Common Stock 06/12/2019 M 7,500 A $ 41.98 22,500 D
Common Stock 06/12/2019 M 3,750 A $ 40.46 26,250 D
Common Stock 06/12/2019 M 3,750 A $ 40.61 30,000 D
Common Stock 06/12/2019 M 3,750 A $ 38.46 33,750 D
Common Stock 06/12/2019 M 3,750 A $ 35.52 37,500 D
Common Stock 06/12/2019 D 28,417 D $ 53.9 9,083 D
Common Stock 06/12/2019 S 9,083 D $ 53.42 ( 1 ) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $ 43.14 06/12/2019 M 5,000 ( 2 ) 01/11/2021 Common Stock 5,000 $ 0 ( 6 ) 0 D
Stock Appreciation Right $ 42.02 06/12/2019 M 5,000 ( 2 ) 01/11/2021 Common Stock 5,000 $ 0 ( 6 ) 0 D
Stock Appreciation Right $ 41.93 06/12/2019 M 5,000 ( 3 ) 01/08/2023 Common Stock 5,000 $ 0 ( 6 ) 0 D
Stock Appreciation Right $ 41.98 06/12/2019 M 7,500 ( 4 ) 01/14/2024 Common Stock 7,500 $ 0 ( 6 ) 0 D
Stock Appreciation Right $ 40.46 06/12/2019 M 3,750 ( 5 ) 01/09/2025 Common Stock 3,750 $ 0 ( 6 ) 0 D
Stock Appreciation Right $ 40.61 06/12/2019 M 3,750 ( 5 ) 01/09/2025 Common Stock 3,750 $ 0 ( 6 ) 0 D
Stock Appreciation Right $ 38.46 06/12/2019 M 3,750 ( 5 ) 01/09/2025 Common Stock 3,750 $ 0 ( 6 ) 0 D
Stock Appreciation Right $ 35.52 06/12/2019 M 3,750 ( 5 ) 01/09/2025 Common Stock 3,750 $ 0 ( 6 ) 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SCHWARTZ MARK S
667 MADISON AVENUE
NEW YORK, NY10065-8087
VP & Chief Accounting Officer
Signatures
/s/ Thomas H. Watson by power of attorney for Mark S. Schwartz 06/13/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents the weighted average price of multiple transactions with a range of prices between $53.41 and $53.47. 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.
( 2 )The Stock Appreciation Rights became exercisable in four equal installments beginning on January 11, 2012.
( 3 )The Stock Appreciation Rights became exercisable in four equal installments beginning on January 8, 2014.
( 4 )The Stock Appreciation Rights became exercisable in four equal installments beginning on January 14, 2015.
( 5 )The Stock Appreciation Rights became exercisable in four equal installments beginning on January 9, 2016.
( 6 )The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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