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Schwartz Mark S's Form 4 filing

Loews Corp (L) · filed Nov 10, 2021

Accession no.
0001567619-21-019649
Filed
Nov 10, 2021
Trade date
Nov 9, 2021
Filing delay
1 day
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 8 non-derivative transactions and 6 derivative transactions. Open-market sales total $505.7K. It was filed 1 day after the trade.

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
Schwartz Mark SCIK 0001331842Officer (V.P., C.A.O. and Treasurer)

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
Nov 9, 2021Common StockMOption exerciseAcquired+5,000$43.89+$219,45011,186Direct
Nov 9, 2021Common StockMOption exerciseAcquired+5,000$44.44+$222,20016,186Direct
Nov 9, 2021Common StockMOption exerciseAcquired+5,000$46.99+$234,95021,186Direct
Nov 9, 2021Common StockMOption exerciseAcquired+7,500$46.58+$349,35028,686Direct
Nov 9, 2021Common StockMOption exerciseAcquired+7,500$43.37+$325,27536,186Direct
Nov 9, 2021Common StockMOption exerciseAcquired+7,500$43.83+$328,72543,686Direct
Nov 9, 2021Common StockDReturned to the companyDisposed−28,741$58.45−$1,679,911.4514,945Direct
Nov 9, 2021Common StockSSaleDisposed−8,759$57.73F1−$505,657.076,186Direct

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
Nov 9, 2021Common StockMOption exerciseDisposed−5,000$0.00F4$00Direct
Nov 9, 2021Common StockMOption exerciseDisposed−5,000$0.00F4$00Direct
Nov 9, 2021Common StockMOption exerciseDisposed−5,000$0.00F4$00Direct
Nov 9, 2021Common StockMOption exerciseDisposed−7,500$0.00F4$00Direct
Nov 9, 2021Common StockMOption exerciseDisposed−7,500$0.00F4$00Direct
Nov 9, 2021Common StockMOption exerciseDisposed−7,500$0.00F4$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 $57.71 and $57.74. 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.

F4

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

Referenced by the price of 6 transactions in Table II.

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