Filing Details
- Accession Number:
- 0001209191-13-049701
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-10-29 17:14:24
- Reporting Period:
- 2013-10-25
- Filing Date:
- 2013-10-29
- Accepted Time:
- 2013-10-29 17:14:24
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | Acquisiton | 2013-10-25 | 13,500 | $28.10 | 44,440 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 13,500 | $24.58 | 57,940 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 13,500 | $22.91 | 71,440 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 13,500 | $23.72 | 84,940 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 50,970 | $20.02 | 135,910 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 50,970 | $22.59 | 186,880 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 50,970 | $24.77 | 237,850 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 50,970 | $26.74 | 288,820 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 15,672 | $25.25 | 304,492 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 15,666 | $23.99 | 320,158 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 15,666 | $26.77 | 335,824 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 15,666 | $27.35 | 351,490 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 13,377 | $26.40 | 364,867 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 13,371 | $36.29 | 378,238 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 13,371 | $36.90 | 391,609 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-10-25 | 13,371 | $38.00 | 404,980 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-10-25 | 123,971 | $49.51 | 281,009 | No | 4 | D | Direct | |
| Common Stock | Disposition | 2013-10-25 | 250,069 | $49.44 | 30,940 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
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Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-25 | 13,500 | $0.00 | 13,500 | $28.10 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-25 | 13,500 | $0.00 | 13,500 | $24.58 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-25 | 13,500 | $0.00 | 13,500 | $22.91 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-25 | 13,500 | $0.00 | 13,500 | $23.72 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-25 | 50,970 | $0.00 | 50,970 | $20.02 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-25 | 50,970 | $0.00 | 50,970 | $22.59 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-25 | 50,970 | $0.00 | 50,970 | $24.77 |
| Common Stock | Stock Appreciation Rights | Disposition | 2013-10-25 | 50,970 | $0.00 | 50,970 | $26.74 |
| Common Stock | Stock Options | Disposition | 2013-10-25 | 13,377 | $0.00 | 13,377 | $26.40 |
| Common Stock | Stock Options | Disposition | 2013-10-25 | 13,371 | $0.00 | 13,371 | $36.29 |
| Common Stock | Stock Options | Disposition | 2013-10-25 | 13,371 | $0.00 | 13,371 | $36.90 |
| Common Stock | Stock Options | Disposition | 2013-10-25 | 13,371 | $0.00 | 13,371 | $38.00 |
| Common Stock | Stock Options (right to buy) | Disposition | 2013-10-25 | 15,672 | $0.00 | 15,672 | $25.25 |
| Common Stock | Stock Options (right to buy) | Disposition | 2013-10-25 | 15,666 | $0.00 | 15,666 | $23.99 |
| Common Stock | Stock Options (right to buy) | Disposition | 2013-10-25 | 15,666 | $0.00 | 15,666 | $26.77 |
| Common Stock | Stock Options (right to buy) | Disposition | 2013-10-25 | 15,666 | $0.00 | 15,666 | $27.35 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2012-01-08 | 2018-01-08 | No | 4 | M | Direct |
| 0 | 2012-01-08 | 2018-01-08 | No | 4 | M | Direct |
| 0 | 2012-01-08 | 2018-01-08 | No | 4 | M | Direct |
| 0 | 2012-01-08 | 2018-01-08 | No | 4 | M | Direct |
| 0 | 2013-03-12 | 2019-03-12 | No | 4 | M | Direct |
| 0 | 2013-03-12 | 2019-03-12 | No | 4 | M | Direct |
| 0 | 2013-03-12 | 2019-03-12 | No | 4 | M | Direct |
| 0 | 2013-03-12 | 2019-03-12 | No | 4 | M | Direct |
| 13,377 | 2021-02-17 | No | 4 | M | Direct | |
| 13,374 | 2021-02-17 | No | 4 | M | Direct | |
| 13,374 | 2021-02-17 | No | 4 | M | Direct | |
| 13,374 | 2021-02-17 | No | 4 | M | Direct | |
| 5,226 | 2020-02-24 | No | 4 | M | Direct | |
| 5,223 | 2020-02-24 | No | 4 | M | Direct | |
| 5,223 | 2020-02-24 | No | 4 | M | Direct | |
| 5,223 | 2020-02-24 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 66,356 | Indirect | By trust |
Footnotes
- Represents the shares returned to the issuer as part of the exercise of stock appreciation rights.
- The reporting person exercised 116,160 stock options and 257,880 stock appreciation rights, resulting in the receipt of 133,909 shares of common stock.
- Represents the weighted average price. The shares were purchased at prices ranging from $49.28 to $49.59 per share. 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 affected.
- Shares held in the David Howell Taylor 2011 Revocable Trust, of which the reporting person is the sole trustee and the primary beneficiary.
- The stock options vest in four equal annual installments of 10,445 shares beginning on February 17, 2012.
- The stock options vest in four equal annual installments of 13,500 shares beginning on February 24, 2011.
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