Filing Details
- Accession Number:
- 0001209191-10-052342
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-01 16:33:33
- Reporting Period:
- 2010-10-29
- Filing Date:
- 2010-11-01
- Accepted Time:
- 2010-11-01 16:33:33
- 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 |
|---|---|---|---|---|---|---|---|
| 1425596 | S. Ronald Milstein | 714 Green Valley Road Greensboro NC 27408 | Senior Vp, Gc And Secretary | 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 | 2010-10-29 | 2,032 | $46.25 | 16,749 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-10-29 | 2,032 | $47.86 | 18,781 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-10-29 | 2,032 | $51.64 | 20,813 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-10-29 | 2,032 | $55.35 | 22,845 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-10-29 | 3,185 | $60.06 | 26,030 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-10-29 | 6,976 | $85.34 | 19,054 | No | 4 | D | Direct | |
| Common Stock | Disposition | 2010-10-29 | 4,337 | $85.65 | 14,717 | 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 | 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 | 2010-10-29 | 2,032 | $0.00 | 2,032 | $46.25 |
| Common Stock | Stock Appreciation Rights | Disposition | 2010-10-29 | 2,032 | $0.00 | 2,032 | $47.86 |
| Common Stock | Stock Appreciation Rights | Disposition | 2010-10-29 | 2,032 | $0.00 | 2,032 | $51.64 |
| Common Stock | Stock Appreciation Rights | Disposition | 2010-10-29 | 2,032 | $0.00 | 2,032 | $55.35 |
| Common Stock | Stock Appreciation Rights | Disposition | 2010-10-29 | 3,185 | $0.00 | 3,185 | $60.06 |
| 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 | |
| 9,558 | 2019-03-12 | 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 11,313 stock appreciation rights, which resulted in the receipt of 4,337 shares of Lorillard, Inc. Common Stock.
- Represents the weighted average sale price. The shares were sold at prices ranging from $85.06 to $85.772. 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 appreciation rights vested in four equal annual installments of 813 shares beginning on January 31, 2007.
- The stock appreciation rights vested in four equal annual installments of 3,186 shares beginning on March 12, 2010.
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