Filing Details

Accession Number:
0001209191-15-016820
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-02-20 17:22:22
Reporting Period:
2015-02-18
Filing Date:
2015-02-20
Accepted Time:
2015-02-20 17:22:22
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
1326564 B Anthony Petitt 714 Green Valley Road
Greensboro NC 27408
Vp, Controller And Cao 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 2015-02-18 3,664 $0.00 29,706 No 4 A Direct
Common Stock Disposition 2015-02-20 2,806 $67.75 26,900 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. The shares reflect the 2014 Performance Restricted Stock Units ("RSUs") granted on February 19, 2014 that were earned based on the Company's achievement of target adjusted earnings per share for 2014 and converted to 3,664 shares of restricted stock, which vest on the third anniversary of the 2014 grant date, subject to continued employment.
  2. The shares were sold to fund withholding taxes in connection with the February 17, 2015 vesting of restricted stock granted on February 17, 2012. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13, 2013.
  3. Represents the weighted average sale price. The shares were sold at prices ranging from $67.52 to $68.02. 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.