Form 4 for L Loews Corporation
Accepted 2024-02-09 00:00:00 ET · period of report 2024-02-07 · accession 0000060086-24-000055 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-09 | 2024-02-07+ | L | SCHWARTZ MARK S | VP, CAO, Treas | M - OptEx | $0.00 | +8,854 | 16.0K | +124% | $0 |
| DM | 2024-02-09 | 2024-02-07+ | L | SCHWARTZ MARK S | VP, CAO, Treas | F - Tax | $72.73 | -3,193 | 17.6K | -15% | -$232.2K |
| DM | 2024-02-09 | 2024-02-07+ | L | SCHWARTZ MARK S | VP, CAO, Treas | M - OptEx | $0.00 | -8,854 | 4,112 | -68% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-08 | M | A | 4,743 | $0.00 | 19,271 | D | — | — | (F3) Represents the conversion upon vesting of RSUs into common stock. On February 8, 2021, the Reporting Person was awarded 9,485 RSUs ("2021 RSUs"). 50% of these RSUs vested on February 8, 2023. The remaining 2021 RSUs vested on February 8, 2024. |
| 2 | Common | Common Stock | 2024-02-07 | F | D | 1,483 | $72.81 | 14,528 | D | — | — | (F2) The Reporting Person is reporting the withholding by the Issuer of shares of common stock that vested in respect of the 2022 RSUs on February 7, 2024 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith. |
| 3 | Common | Common Stock | 2024-02-07 | M | A | 4,111 | $0.00 | 16,011 | D | — | — | (F1) Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 7, 2022, the Reporting Person was awarded 8,223 RSUs ("2022 RSUs"). 50% of these RSUs vested on February 7, 2024. The remaining 2022 RSUs vest on February 7, 2025. |
| 4 | Common | Common Stock | 2024-02-08 | F | D | 1,710 | $72.66 | 17,561 | D | — | — | (F4) The Reporting Person is reporting the withholding by the Issuer of shares of common stock that vested in respect of the 2021 RSUs on February 8, 2024 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith. |
| 5 | Derivative | Restricted Stock Units | 2024-02-08 | M | D | 4,743 | $0.00 | 0 | D | — · — to — | 4,743 Common Stock | (F5) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F3) Represents the conversion upon vesting of RSUs into common stock. On February 8, 2021, the Reporting Person was awarded 9,485 RSUs ("2021 RSUs"). 50% of these RSUs vested on February 8, 2023. The remaining 2021 RSUs vested on February 8, 2024. |
| 6 | Derivative | Restricted Stock Units | 2024-02-07 | M | D | 4,111 | $0.00 | 4,112 | D | — · — to — | 4,111 Common Stock | (F5) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F1) Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 7, 2022, the Reporting Person was awarded 8,223 RSUs ("2022 RSUs"). 50% of these RSUs vested on February 7, 2024. The remaining 2022 RSUs vest on February 7, 2025. |