Filing Details
- Accession Number:
- 0001567619-22-004405
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-02-14 16:37:36
- Reporting Period:
- 2022-02-10
- Accepted Time:
- 2022-02-14 16:37:36
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 60086 | Loews Corp | L | Fire, Marine & Casualty Insurance (6331) | 132646102 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1331842 | S Mark Schwartz | 667 Madison Avenue New York NY 10065-8087 | V.p., C.a.o. And Treasurer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2022-02-10 | 4,193 | $0.00 | 10,379 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-02-10 | 1,512 | $61.58 | 8,867 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2022-02-11 | 4,647 | $0.00 | 13,514 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-02-11 | 1,676 | $62.10 | 11,838 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2022-02-11 | 5,652 | $62.38 | 6,186 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2022-02-10 | 4,193 | $0.00 | 4,193 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2022-02-11 | 4,647 | $0.00 | 4,647 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 4,194 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
Footnotes
- Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 10, 2020, the Reporting Person was awarded 8,387 RSUs. 50% of these RSUs vested on February 10, 2022. The remaining 2020 RSUs will vest on February 10, 2023. Shares of the Issuer's common stock will be delivered to the Reporting Person within 30 days after vesting, subject to any election to defer delivery of the shares by the Reporting Person.
- The Reporting Person is reporting the withholding, by the Issuer, of 1,512 shares of common stock that vested in respect of the 2020 RSUs on February 10, 2022 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
- Represents the conversion upon vesting of RSUs into common stock. The Reporting Person was awarded 9,293 RSUs on February 11, 2019. 50% of these RSUs previously vested on February 11, 2021. The remaining 2019 RSUs vested on February 11, 2022.
- The Reporting Person is reporting the withholding, by the Issuer, of 1,676 shares of common stock that vested in respect of the 2019 RSUs on February 11, 2022 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
- Each RSU represents a contingent right to receive one share of the Issuer's common stock.
Billionaire Hedge Funds
