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Filing Details

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	2015-02-18	12,989	$0.00	104,261	No	4	A	Direct
Common Stock	Disposition	2015-02-20	7,056	$67.75	97,205	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 12,989 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 $68.00. 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.