Filing Details
- Accession Number:
- 0001209191-11-026111
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-05-04 16:52:41
- Reporting Period:
- 2011-05-02
- Filing Date:
- 2011-05-04
- Accepted Time:
- 2011-05-04 16:52:41
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | 2011-05-02 | 813 | $25.49 | 25,692 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 813 | $26.79 | 26,505 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 813 | $24.53 | 27,318 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 813 | $23.90 | 28,131 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 1,625 | $32.09 | 29,756 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 1,625 | $32.63 | 31,381 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 1,625 | $32.86 | 33,006 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 1,625 | $39.25 | 34,631 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 3,250 | $46.25 | 37,881 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 3,250 | $47.86 | 41,131 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 3,250 | $51.64 | 44,381 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 3,250 | $55.35 | 47,631 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 3,250 | $64.86 | 50,881 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 3,250 | $75.20 | 54,131 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 3,250 | $77.79 | 57,381 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 3,250 | $80.78 | 60,631 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 2,437 | $84.30 | 63,068 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 2,437 | $73.75 | 65,505 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 2,436 | $68.72 | 67,941 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 2,436 | $71.15 | 70,377 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 6,371 | $60.06 | 76,748 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 6,371 | $67.77 | 83,119 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 6,371 | $74.30 | 89,490 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 6,371 | $80.23 | 95,861 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 1,306 | $75.74 | 97,167 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 1,305 | $71.98 | 98,472 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 1,305 | $80.31 | 99,777 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 1,305 | $82.06 | 101,082 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-05-02 | 39,228 | $105.75 | 61,854 | No | 4 | D | Direct | |
| Common Stock | Disposition | 2011-05-02 | 36,975 | $107.22 | 24,879 | 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 | 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 | 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 |
|---|---|---|---|---|---|---|---|
| Commonn Stock | Stock Option (right to buy) | Disposition | 2011-05-02 | 813 | $0.00 | 813 | $25.49 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-05-02 | 813 | $0.00 | 813 | $26.79 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-05-02 | 813 | $0.00 | 813 | $24.53 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-05-02 | 813 | $0.00 | 813 | $23.90 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-05-02 | 1,625 | $0.00 | 1,625 | $32.09 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-05-02 | 1,625 | $0.00 | 1,625 | $32.63 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-05-02 | 1,625 | $0.00 | 1,625 | $32.86 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-05-02 | 1,625 | $0.00 | 1,625 | $39.25 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 3,250 | $0.00 | 3,250 | $46.25 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 3,250 | $0.00 | 3,250 | $47.86 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 3,250 | $0.00 | 3,250 | $51.64 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 3,250 | $0.00 | 3,250 | $55.35 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 3,250 | $0.00 | 3,250 | $64.86 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 3,250 | $0.00 | 3,250 | $75.20 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 3,250 | $0.00 | 3,250 | $77.79 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 3,250 | $0.00 | 3,250 | $80.78 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 2,437 | $0.00 | 2,437 | $84.30 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 2,437 | $0.00 | 2,437 | $73.75 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 2,436 | $0.00 | 2,436 | $68.72 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 2,436 | $0.00 | 2,436 | $71.15 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 6,371 | $0.00 | 6,371 | $60.06 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 6,371 | $0.00 | 6,371 | $67.77 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 6,371 | $0.00 | 6,371 | $74.30 |
| Common Stock | Stock Appreciation Rights | Disposition | 2011-05-02 | 6,371 | $0.00 | 6,371 | $80.23 |
| Common Stock | Stock Options (right to buy) | Disposition | 2011-05-02 | 1,306 | $0.00 | 1,306 | $75.74 |
| Common Stock | Stock Options (right to buy) | Disposition | 2011-05-02 | 1,305 | $0.00 | 1,305 | $71.98 |
| Common Stock | Stock Options (right to buy) | Disposition | 2011-05-02 | 1,305 | $0.00 | 1,305 | $80.31 |
| Common Stock | Stock Options (right to buy) | Disposition | 2011-05-02 | 1,305 | $0.00 | 1,305 | $82.06 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2008-01-16 | 2014-01-16 | No | 4 | M | Direct |
| 0 | 2008-01-16 | 2014-01-16 | No | 4 | M | Direct |
| 0 | 2008-01-16 | 2014-01-16 | No | 4 | M | Direct |
| 0 | 2008-01-16 | 2014-01-16 | No | 4 | M | Direct |
| 0 | 2009-01-20 | 2015-01-20 | No | 4 | M | Direct |
| 0 | 2009-01-20 | 2015-01-20 | No | 4 | M | Direct |
| 0 | 2009-01-20 | 2015-01-20 | No | 4 | M | Direct |
| 0 | 2009-01-20 | 2015-01-20 | No | 4 | M | Direct |
| 0 | 2010-01-31 | 2016-01-31 | No | 4 | M | Direct |
| 0 | 2010-01-31 | 2016-01-31 | No | 4 | M | Direct |
| 0 | 2010-01-31 | 2016-01-31 | No | 4 | M | Direct |
| 0 | 2010-01-31 | 2016-01-31 | No | 4 | M | Direct |
| 0 | 2011-01-09 | 2017-01-09 | No | 4 | M | Direct |
| 0 | 2011-01-09 | 2017-01-09 | No | 4 | M | Direct |
| 0 | 2011-01-09 | 2017-01-09 | No | 4 | M | Direct |
| 0 | 2011-01-09 | 2017-01-09 | No | 4 | M | Direct |
| 813 | 2018-01-08 | No | 4 | M | Direct | |
| 813 | 2018-01-08 | No | 4 | M | Direct | |
| 814 | 2018-01-08 | No | 4 | M | Direct | |
| 814 | 2018-01-08 | No | 4 | M | Direct | |
| 6,372 | 2019-03-12 | No | 4 | M | Direct | |
| 6,371 | 2019-03-12 | No | 4 | M | Direct | |
| 6,372 | 2019-03-12 | No | 4 | M | Direct | |
| 6,371 | 2019-03-12 | No | 4 | M | Direct | |
| 3,919 | 2020-02-24 | No | 4 | M | Direct | |
| 3,917 | 2020-02-24 | No | 4 | M | Direct | |
| 3,917 | 2020-02-24 | No | 4 | M | Direct | |
| 3,917 | 2020-02-24 | No | 4 | M | Direct |
Footnotes
- Represents the shares deemed returned to the issuer at fair market value as part of the exercise of stock appreciation rights.
- The reporting person exercised 14,973 stock options and 61,230 stock appreciation rights, resulting in the receipt of 36,975 shares of common stock.
- Represents the weighted average sale price. The shares were sold at prices ranging from $107.15 to $107.35. 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 vest in four equal annual installments of 813 shares beginning on January 8, 2009.
- The stock appreciation rights vest in four equal annual installments of 3,186 shares beginning on March 12, 2010.
- The stock options vest in four equal annual installments of 1,305 shares beginning on February 24, 2011.
Billionaire Hedge Funds
