Filing Details

Accession Number:
0001209191-10-052166
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-10-29 16:26:14
Reporting Period:
2010-10-28
Filing Date:
2010-10-29
Accepted Time:
2010-10-29 16:26:14
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
1425653 L. Martin Orlowsky 714 Green Valley Road
Greensboro NC 27408
Chairman Yes 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 2010-10-28 2,500 $46.25 83,283 No 4 M Direct
Common Stock Acquisiton 2010-10-28 2,500 $47.86 85,783 No 4 M Direct
Common Stock Acquisiton 2010-10-28 2,500 $51.64 88,283 No 4 M Direct
Common Stock Acquisiton 2010-10-28 2,500 $55.35 90,783 No 4 M Direct
Common Stock Acquisiton 2010-10-28 7,500 $64.86 98,283 No 4 M Direct
Common Stock Acquisiton 2010-10-28 7,500 $75.20 105,783 No 4 M Direct
Common Stock Acquisiton 2010-10-28 7,500 $77.79 113,283 No 4 M Direct
Common Stock Acquisiton 2010-10-28 5,000 $73.75 118,283 No 4 M Direct
Common Stock Acquisiton 2010-10-28 5,000 $68.72 123,283 No 4 M Direct
Common Stock Acquisiton 2010-10-28 5,000 $71.15 128,283 No 4 M Direct
Common Stock Acquisiton 2010-10-28 16,990 $60.06 145,273 No 4 M Direct
Common Stock Acquisiton 2010-10-28 16,989 $67.77 162,262 No 4 M Direct
Common Stock Acquisiton 2010-10-28 16,990 $74.30 179,252 No 4 M Direct
Common Stock Disposition 2010-10-28 78,125 $86.33 101,127 No 4 D Direct
Common Stock Disposition 2010-10-28 20,344 $85.74 80,783 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
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 D Direct
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 2010-10-28 2,500 $0.00 2,500 $46.25
Common Stock Stock Appreciation Rights Disposition 2010-10-28 2,500 $0.00 2,500 $47.86
Common Stock Stock Appreciation Rights Disposition 2010-10-28 2,500 $0.00 2,500 $51.64
Common Stock Stock Appreciation Rights Disposition 2010-10-28 2,500 $0.00 2,500 $55.35
Common Stock Stock Appreciation Rights Disposition 2010-10-28 7,500 $0.00 7,500 $64.86
Common Stock Stock Appreciation Rights Disposition 2010-10-28 7,500 $0.00 7,500 $75.20
Common Stock Stock Appreciation Rights Disposition 2010-10-28 7,500 $0.00 7,500 $77.79
Common Stock Stock Appreciation Rights Disposition 2010-10-28 5,000 $0.00 5,000 $73.75
Common Stock Stock Appreciation Rights Disposition 2010-10-28 5,000 $0.00 5,000 $68.72
Common Stock Stock Appreciation Rights Disposition 2010-10-28 5,000 $0.00 5,000 $71.15
Common Stock Stock Appreciation Rights Disposition 2010-10-28 16,990 $0.00 16,990 $60.06
Common Stock Stock Appreciation Rights Disposition 2010-10-28 16,989 $0.00 16,989 $67.77
Common Stock Stock Appreciation Rights Disposition 2010-10-28 16,990 $0.00 16,990 $74.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-01-31 No 4 M Direct
0 2016-01-31 No 4 M Direct
0 2016-01-31 No 4 M Direct
0 2016-01-31 No 4 M Direct
2,500 2017-01-09 No 4 M Direct
2,500 2017-01-09 No 4 M Direct
2,500 2017-01-09 No 4 M Direct
5,000 2018-01-08 No 4 M Direct
5,000 2018-01-08 No 4 M Direct
5,000 2018-01-08 No 4 M Direct
50,970 2019-03-12 No 4 M Direct
50,970 2019-03-12 No 4 M Direct
50,970 2019-03-12 No 4 M Direct
Footnotes
  1. Represents the shares returned to the issuer as part of the exercise of stock options.
  2. The reporting person exercised 98,469 stock appreciation rights, which resulted in the receipt of 20,344 shares of Lorillard, Inc. Common Stock.
  3. Represents the weighted average sale price. The shares were sold at prices ranging from $85.67 to $85.96. 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.
  4. The stock appreciation rights vested in four equal annual installments of 2,500 shares beginning on January 31, 2007.
  5. The stock appreciation rights vested in four equal annual installments of 2,500 shares beginning on January 9, 2008.
  6. The stock appreciation rights vested in four equal annual installments of 2,500 shares beginning on January 8, 2009.
  7. The stock appreciation rights vested in four equal annual installments of 16,990 shares beginning on March 12, 2010.