0001209191-14-013139.txt : 20140221
0001209191-14-013139.hdr.sgml : 20140221
20140221164346
ACCESSION NUMBER: 0001209191-14-013139
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140219
FILED AS OF DATE: 20140221
DATE AS OF CHANGE: 20140221
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LORILLARD, INC.
CENTRAL INDEX KEY: 0001424847
STANDARD INDUSTRIAL CLASSIFICATION: CIGARETTES [2111]
IRS NUMBER: 131911176
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 714 GREEN VALLEY ROAD
CITY: GREENSBORO
STATE: NC
ZIP: 27408
BUSINESS PHONE: 336.335.7000
MAIL ADDRESS:
STREET 1: 714 GREEN VALLEY ROAD
CITY: GREENSBORO
STATE: NC
ZIP: 27408
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lewis Houghton
CENTRAL INDEX KEY: 0001447656
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34097
FILM NUMBER: 14634183
MAIL ADDRESS:
STREET 1: C/O LORILLARD, INC.
STREET 2: 714 GREEN VALLEY ROAD
CITY: GREENSBORO
STATE: NC
ZIP: 27408-7018
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-02-19
0
0001424847
LORILLARD, INC.
LO
0001447656
Lewis Houghton
714 GREEN VALLEY ROAD
GREENSBORO
NC
27408
0
1
0
0
Vice President and Treasurer
Common Stock
2014-02-19
4
A
0
5575
0.00
A
40297.55
D
Common Stock
2014-02-19
4
A
0
2897
0.00
A
43194.55
D
Common Stock
2014-02-20
4
S
0
5350
47.2628
D
37844.55
D
The shares reflect the portion of the 2013 Performance Restricted Stock Units ("RSUs") granted on February 13, 2013 that were earned based on the Company's achievement of target adjusted earnings per share for 2013 and converted to 5,575 shares of restricted stock, which vest on the third anniversary of the 2013 grant date, subject to continued employment.
The restricted stock vests on the third anniversary of the grant date, subject to continued employment.
The shares were sold to fund withholding taxes in connection with the February 17, 2014 vesting of restricted stock granted on February 16, 2011. 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 $47.11 to $47.60. 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.
/s/ Ronald S. Milstein, Attorney-in-fact for Houghton Lewis
2014-02-21