Alexander H Tisch Form 3 LOEWS / Alexander H Tisch ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Tisch Alexander H

(Last) (First) (Middle)

667 MADISON AVENUE

(Street)

NEW YORK NY 10065-8087

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2023

3. Issuer Name and Ticker or Trading Symbol
LOEWS CORP [ L ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VP; Pres. & CEO, Loews Hotels

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	20,316	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	(1)	Common Stock	3,299	(2)	D
Restricted Stock Units	(3)	(3)	Common Stock	7,460	(2)	D
Restricted Stock Units	(4)	(4)	Common Stock	7,401	(2)	D
Stock Appreciation Right	(5)	01/14/2024	Common Stock	3,750	46.58	D
Stock Appreciation Right	(5)	01/14/2024	Common Stock	3,750	43.37	D
Stock Appreciation Right	(5)	01/14/2024	Common Stock	3,750	43.83	D
Stock Appreciation Right	(5)	01/14/2024	Common Stock	3,750	41.98	D
Stock Appreciation Right	(6)	01/09/2025	Common Stock	3,750	40.46	D
Stock Appreciation Right	(6)	01/09/2025	Common Stock	3,750	40.61	D
Stock Appreciation Right	(6)	01/09/2025	Common Stock	3,750	38.46	D
Stock Appreciation Right	(6)	01/09/2025	Common Stock	3,750	35.52	D

Explanation of Responses:

1. The restricted stock units ("RSUs") vest on February 10, 2023. 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.

2. Each RSU represents a contingent right to receive one share of the Issuer's common stock.

3. 50% of the RSUs vest on February 8, 2023 and the remaining 50% vest on February 8, 2024. 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.

4. 50% of the 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.

5. The stock appreciation right became exercisable in four equal annual installments beginning on January 14, 2015.

6. The stock appreciation right became exercisable in four equal annual installments beginning on January 9, 2016.

Remarks:

	/s/ Thomas H. Watson, by power of attorney for Alexander H. Tisch	01/03/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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