Home > Insider Trading > Filing (0001209191-13-018080)

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
1425661	H. David Taylor	714 Green Valley Road Greensboro NC 27408	Executive Vp And Cfo	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	Disposition	2013-02-27	18,460	$38.57	66,356	No	4	S	Indirect	By trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	3,000	Indirect	By trust
Common Stock	30,940	Direct

Footnotes

The shares were sold to fund withholding taxes in connection with the February 24, 2013 vesting of restricted stock granted on February 24, 2010. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 18, 2011.
Represents the weighted average sale price. The shares were sold at prices ranging from $38.38 to $38.84. 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 restricted stock vests on the third anniversary of the grant date, subject to continued employment.
The reporting person became a trustee of the C. A. Taylor Family Trust on January 18, 2013 and is a beneficiary of such trust. The reporting person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein.