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Edelson David B's Form 4 filing

Loews Corp (L) · filed Aug 11, 2021

Accession no.
0001567619-21-015075
Filed
Aug 11, 2021
Trade date
Aug 11, 2021
Filing delay
Same day
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 6 non-derivative transactions and 4 derivative transactions. Open-market sales total $719.3K. 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
Edelson David BCIK 0001327026Officer (Sr. Vice President & CFO)

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 11, 2021Common StockMOption exerciseAcquired+11,250$37.86+$425,92541,062.8Direct
Aug 11, 2021Common StockMOption exerciseAcquired+11,250$39.41+$443,362.552,312.8Direct
Aug 11, 2021Common StockMOption exerciseAcquired+11,250$39.80+$447,75063,562.8Direct
Aug 11, 2021Common StockMOption exerciseAcquired+11,250$41.14+$462,82574,812.8Direct
Aug 11, 2021Common StockDReturned to the companyDisposed−32,137$55.38−$1,779,747.0642,675.8Direct
Aug 11, 2021Common StockSSaleDisposed−12,863$55.92F1−$719,298.9629,812.8Direct

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 11, 2021Common StockMOption exerciseDisposed−11,250$0.00F3$00Direct
Aug 11, 2021Common StockMOption exerciseDisposed−11,250$0.00F3$00Direct
Aug 11, 2021Common StockMOption exerciseDisposed−11,250$0.00F3$00Direct
Aug 11, 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 $55.77 and $56.08. 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 4 transactions in Table II.

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