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Tisch Jonathan M's Form 4 filing

Loews Corp (L) · filed Jan 4, 2022

Accession no.
0001567619-22-000213
Filed
Jan 4, 2022
Trade date
Jan 3, 2022
Filing delay
1 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 $1.11M. 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
Tisch Jonathan MCIK 0001009306Director, Officer (Co-Ch. of Bd/Off. of the Pres.)

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
Jan 3, 2022Common StockMOption exerciseAcquired+15,000$37.86+$567,90015,000Direct
Jan 3, 2022Common StockMOption exerciseAcquired+15,000$39.41+$591,15030,000Direct
Jan 3, 2022Common StockMOption exerciseAcquired+15,000$39.80+$597,00045,000Direct
Jan 3, 2022Common StockMOption exerciseAcquired+15,000$41.14+$617,10060,000Direct
Jan 3, 2022Common StockDReturned to the companyDisposed−40,844$58.10−$2,373,036.419,156Direct
Jan 3, 2022Common StockSSaleDisposed−19,156$58.10F1−$1,112,963.60Direct

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
Jan 3, 2022Common StockMOption exerciseDisposed−15,000$0.00F3$00Direct
Jan 3, 2022Common StockMOption exerciseDisposed−15,000$0.00F3$00Direct
Jan 3, 2022Common StockMOption exerciseDisposed−15,000$0.00F3$00Direct
Jan 3, 2022Common StockMOption exerciseDisposed−15,000$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 $58.00 and $58.52. 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)