Alpert Marc A bought L

February 8, 2024 · Form 4 insider transaction

Alpert Marc A bought 7,567 shares of Loews Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Acquired (buy-side)
Shares
7,567
Price
$0.00
Total value
N/A
Role—
SecurityCommon Stock
Transaction codeM: Option exercise
Transaction dateFebruary 8, 2024
Filing dateFebruary 9, 2024
Shares owned after23,872
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Represents the conversion upon vesting of RSUs into common stock. On February 8, 2021, the Reporting Person was awarded 15,134 RSUs ("2021 RSUs"), subject to the Issuer achieving a pre-determined level of performance based income ("PBI Metric") for 2021. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 7, 2022 and the 2021 RSUs were then reported on a Form 4 filed with the SEC. 50% of these RSUs vested on February 8, 2023. The remaining 2021 RSUs vested on February 8, 2024.

View the original Form 4 on SEC EDGAR