Filing Details
- Accession Number:
- 0001209191-13-049699
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-10-29 18:13:05
- Reporting Period:
- 2013-10-28
- Filing Date:
- 2013-10-29
- Accepted Time:
- 2013-10-29 17:13:05
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1424847 | Lorillard Inc. | LO | Cigarettes (2111) | 131911176 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1425595 | B. Randy Spell | 714 Green Valley Road Greensboro NC 27408 | Executive Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2013-10-28 | 2,439 | $28.10 | 80,796 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 2,439 | $24.58 | 83,235 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 2,442 | $22.91 | 85,677 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 2,442 | $23.72 | 88,119 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 19,116 | $20.02 | 107,235 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 19,113 | $22.59 | 126,348 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 19,116 | $24.77 | 145,464 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 19,113 | $26.74 | 164,577 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 7,836 | $25.25 | 172,413 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 7,833 | $23.99 | 180,246 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 7,833 | $26.77 | 188,079 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 7,833 | $27.35 | 195,912 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 10,032 | $26.40 | 205,944 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 10,029 | $36.29 | 215,973 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 10,029 | $36.90 | 226,002 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-28 | 10,029 | $38.00 | 236,031 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-10-28 | 41,279 | $49.45 | 194,752 | No | 4 | D | Direct | |
| Common Stock | Disposition | 2013-10-28 | 116,395 | $50.32 | 78,357 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
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| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-28 | 2,439 | $0.00 | 2,439 | $28.10 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-28 | 2,439 | $0.00 | 2,439 | $24.58 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-28 | 2,442 | $0.00 | 2,442 | $22.91 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-28 | 2,442 | $0.00 | 2,442 | $23.72 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-28 | 19,116 | $0.00 | 19,116 | $20.02 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-28 | 19,113 | $0.00 | 19,113 | $22.59 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-28 | 19,116 | $0.00 | 19,116 | $24.77 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-28 | 19,113 | $0.00 | 19,113 | $26.74 |
| Common Stock | Stock Options (right to buy) | Disposition | 2013-10-28 | 7,836 | $0.00 | 7,836 | $25.25 |
| Common Stock | Stock Options (right to buy) | Disposition | 2013-10-28 | 7,833 | $0.00 | 7,833 | $23.99 |
| Common Stock | Stock Options (right to buy) | Disposition | 2013-10-28 | 7,833 | $0.00 | 7,833 | $26.77 |
| Common Stock | Stock Options (right to buy) | Disposition | 2013-10-28 | 7,833 | $0.00 | 7,833 | $27.35 |
| Common Stock | Stock Options | Disposition | 2013-10-28 | 10,032 | $0.00 | 10,032 | $26.40 |
| Common Stock | Stock Options | Disposition | 2013-10-28 | 10,029 | $0.00 | 10,029 | $36.29 |
| Common Stock | Stock Options | Disposition | 2013-10-28 | 10,029 | $0.00 | 10,029 | $36.90 |
| Common Stock | Stock Options | Disposition | 2013-10-28 | 10,029 | $0.00 | 10,029 | $38.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2012-01-08 | 2018-01-08 | No | 4 | M | Direct |
| 0 | 2012-01-08 | 2018-01-08 | No | 4 | M | Direct |
| 0 | 2012-01-08 | 2018-01-08 | No | 4 | M | Direct |
| 0 | 2012-01-08 | 2018-01-08 | No | 4 | M | Direct |
| 0 | 2013-03-12 | 2019-03-12 | No | 4 | M | Direct |
| 0 | 2013-03-12 | 2019-03-12 | No | 4 | M | Direct |
| 0 | 2013-03-12 | 2019-03-12 | No | 4 | M | Direct |
| 0 | 2013-03-12 | 2019-03-12 | No | 4 | M | Direct |
| 3,921 | 2020-02-24 | No | 4 | M | Direct | |
| 3,918 | 2020-02-24 | No | 4 | M | Direct | |
| 3,918 | 2020-02-24 | No | 4 | M | Direct | |
| 3,918 | 2020-02-24 | No | 4 | M | Direct | |
| 10,035 | 2021-02-17 | No | 4 | M | Direct | |
| 10,029 | 2021-02-17 | No | 4 | M | Direct | |
| 10,029 | 2021-02-17 | No | 4 | M | Direct | |
| 10,029 | 2021-02-17 | No | 4 | M | Direct |
Footnotes
- Represents the shares returned to the issuer as part of the exercise of stock appreciation rights.
- The reporting person exercised 71,454 stock options and 86,220 stock appreciation rights, resulting in the receipt of 44,941 shares of common stock.
- Represents the weighted average sale price. The shares were sold at prices ranging from $50.13 to $50.58 per share. The reporting person undertakes to provide upon request to the SEC staff, the issuer or security holders of the issuer information regarding the number of shares and prices at which the transaction was effected.
- The stock options vest in four equal annual installments of 3,915 shares beginning on February 24, 2011.
- The stock options vest in four equal annual installments of 5,016 shares beginning on February 17, 2012.
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