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*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 05/23/2005 |
3. Issuer Name and Ticker or Trading Symbol
LOEWS CORP [ LTR ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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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) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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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 | ||||
Stock Option | (1) | 01/20/2015 | Common Stock | 7,500 | 72.52 | D |
Explanation of Responses: |
1. The option becomes exercisable in four equal annual installments beginning on 01/20/2006. |
Remarks: |
/s/ Gary W. Garson by power of attorney for David B. Edelson | 05/23/2005 | |
** 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. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
POWER
OF ATTORNEY |
KNOW
ALL MEN BY THESE PRESENTS,
that the undersigned (the “Grantor”) has made, constituted and appointed,
and by these presents does make, constitute and appoint each of Gary W.
Garson, Glenn P. Zarin and Kenneth J. Zinghini (each, an “Attorney”),
acting singly, the true and lawful agent and attorney-in-fact, with full
power of substitution and resubstitution, of the Grantor, for and in
Grantor’s name, place and stead, in any and all capacities, to do all or
any of the following acts, matters and
things: |
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1. |
To
sign on behalf of the Grantor statements on Form 3, Form 4 and Form 5 and
amendments thereto (together, “Section 16 Reports”) filed pursuant to
Section 16(a) under the Securities Exchange Act of 1934, as
amended. | |
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2. |
To
do all such other acts and things as, in such Attorney’s discretion, he
deems appropriate or desirable for the purpose of filing such Section 16
Reports. |
The
Grantor hereby ratifies and confirms all that said agents and
attorneys-in-fact or any substitute or substitutes may lawfully do or
cause to be done by virtue hereof. |
IN
WITNESS WHEREOF,
the Grantor has executed this Power of Attorney as of the 6th day of May
2005. |
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/s/
David B. Edelson |
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David
B. Edelson |