0001567619-21-003790.txt : 20210216 0001567619-21-003790.hdr.sgml : 20210216 20210216100405 ACCESSION NUMBER: 0001567619-21-003790 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210211 FILED AS OF DATE: 20210216 DATE AS OF CHANGE: 20210216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SCHWARTZ MARK S CENTRAL INDEX KEY: 0001331842 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06541 FILM NUMBER: 21633772 MAIL ADDRESS: STREET 1: C/O LOEWS CORPORATION STREET 2: 667 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10065-8087 FORMER NAME: FORMER CONFORMED NAME: Schwartz Mark DATE OF NAME CHANGE: 20050630 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 doc1.xml FORM 4 X0306 4 2021-02-11 0 0000060086 LOEWS CORP L 0001331842 SCHWARTZ MARK S 667 MADISON AVENUE NEW YORK NY 10065-8087 0 1 0 0 V.P., C.A.O. and Treasurer Common Stock 2021-02-11 4 M 0 4646 0 A 4646 D Common Stock 2021-02-11 4 F 0 1579 47.99 D 3067 D Common Stock 2021-02-12 4 M 0 4725 0 A 7792 D Common Stock 2021-02-12 4 F 0 1606 48.22 D 6186 D Restricted Stock Units 2021-02-11 4 M 0 4646 0 D Common Stock 4646 4647 D Restricted Stock Units 2021-02-12 4 M 0 4725 0 D Common Stock 4725 0 D Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 11, 2019, the Reporting Person was awarded 9,293 RSUs. 50% of these RSUs vested on February 11, 2021. The remaining 2019 RSUs will vest on February 11, 2022. 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 the shares by the Reporting Person. The Reporting Person is reporting the withholding, by the Issuer, of 1,579 shares of common stock that vested in respect of the 2019 RSUs on February 11, 2021 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith. Represents the conversion upon vesting of RSUs into common stock. The Reporting Person was awarded 9,402 RSUs on February 12, 2018. 50% of these RSUs (along with additional RSUs awarded to the Reporting Person on account of dividend equivalent rights) previously vested on February 12, 2020. The remaining 2018 RSUs vested on February 12, 2021. The Reporting Person is reporting the withholding, by the Issuer, of 1,606 shares of common stock that vested in respect of the 2018 RSUs on February 12, 2021 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith. Each RSU represents a contingent right to receive one share of the Issuer's common stock. /s/ Thomas H. Watson by power of attorney for Mark S. Schwartz 2021-02-16