Filing Details
- Accession Number:
- 0001209191-15-016840
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-02-20 17:34:56
- Reporting Period:
- 2015-02-18
- Filing Date:
- 2015-02-20
- Accepted Time:
- 2015-02-20 17:34:56
- 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 |
---|---|---|---|---|---|---|---|
1447656 | Houghton Lewis | 714 Green Valley Road Greensboro NC 27408 | Vice President And Treasurer | 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 | 39,372 | No | 4 | A | Direct | |
Common Stock | Disposition | 2015-02-20 | 2,137 | $67.74 | 41,509 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Footnotes
- 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.
- 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 October 30, 2014.
- 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.