0000060086-23-000032.txt : 20230208 0000060086-23-000032.hdr.sgml : 20230208 20230208125844 ACCESSION NUMBER: 0000060086-23-000032 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230206 FILED AS OF DATE: 20230208 DATE AS OF CHANGE: 20230208 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TISCH JONATHAN M CENTRAL INDEX KEY: 0001009306 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06541 FILM NUMBER: 23598179 MAIL ADDRESS: STREET 1: 667 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10021-8087 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LOEWS CORP CENTRAL INDEX KEY: 0000060086 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 132646102 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10065-8087 BUSINESS PHONE: 212-521-2000 MAIL ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10065-8087 4 1 wf-form4_167587910837179.xml FORM 4 X0306 4 2023-02-06 0 0000060086 LOEWS CORP L 0001009306 TISCH JONATHAN M C/O LOEWS CORPORATION 667 MADISON AVENUE NEW YORK NY 10065-8087 1 1 0 0 Co-Ch. of Bd/Off. of the Pres. Restricted Stock Units 2023-02-06 4 A 0 16447 0 A Common Stock 16447.0 16447 D Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. 16,447 RSUs were awarded to the Reporting Person on February 7, 2022 subject to the Issuer achieving a pre-determined target level of performance-based income ("PBI Metric") for 2022. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 6, 2023. 50% of the 2022 RSUs vest on February 7, 2024 and the remaining 50% vest on February 7, 2025. Shares of the Issuer's common stock will be delivered to the Reporting Person within 30 days after vesting, subject to any election to defer delivery of shares by the Reporting Person. /s/ Thomas H. Watson, by power of attorney for Jonathan M. Tisch 2023-02-08