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Scott Richard Waldo's Form 4 filing

Loews Corp (L) · filed Aug 10, 2021

Accession no.
0001567619-21-014863
Filed
Aug 10, 2021
Trade date
Aug 10, 2021
Filing delay
Same day
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 5 non-derivative transactions and 3 derivative transactions. Open-market sales total $509.3K. It was filed on the trade date.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Scott Richard WaldoCIK 0001238752Officer (SVP & Chief Investment Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 10, 2021Common StockMOption exerciseAcquired+11,250$39.41+$443,362.545,150.8Direct
Aug 10, 2021Common StockMOption exerciseAcquired+11,250$39.80+$447,75056,400.8Direct
Aug 10, 2021Common StockMOption exerciseAcquired+11,250$41.14+$462,82567,650.8Direct
Aug 10, 2021Common StockDReturned to the companyDisposed−24,584$55.07−$1,353,840.8843,066.8Direct
Aug 10, 2021Common StockSSaleDisposed−9,166$55.56F1−$509,262.9633,900.8Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 10, 2021Common StockMOption exerciseDisposed−11,250$0.00F3$00Direct
Aug 10, 2021Common StockMOption exerciseDisposed−11,250$0.00F3$00Direct
Aug 10, 2021Common StockMOption exerciseDisposed−11,250$0.00F3$00Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Represents the weighted average price of multiple transactions with a range of prices between $55.35 and $55.84. 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.

Referenced by the price of 1 transaction in Table I.

F3

The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.

Referenced by the price of 3 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)