Orlowsky Martin L. 4

Accession 0001209191-10-052166

CIK 0001424847other

View on SEC.gov Company Profile

Filed

Oct 28, 8:00 PM ET

Accepted

Oct 29, 4:26 PM ET

Size

55.8 KB

Accession

0001209191-10-052166

Insider Transaction Report

Form 4

Period: 2010-10-28

LORILLARD, INC.LO

Orlowsky Martin L.

DirectorChairman, President and CEO

Transactions

Exercise/Conversion
Stock Appreciation Rights
2010-10-28−2,500→ 0 total
Exercise: $51.64Exp: 2016-01-31→ Common Stock (2,500 underlying)
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−16,990→ 50,970 total
Exercise: $60.06Exp: 2019-03-12→ Common Stock (16,990 underlying)
Exercise/Conversion
Common Stock
2010-10-28$68.72/sh+5,000$343,600→ 123,283 total
Exercise/Conversion
Common Stock
2010-10-28$67.77/sh+16,989$1,151,345→ 162,262 total
Exercise/Conversion
Common Stock
2010-10-28$74.30/sh+16,990$1,262,357→ 179,252 total
Disposition to Issuer
Common Stock
2010-10-28$86.33/sh−78,125$6,744,531→ 101,127 total
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−2,500→ 0 total
Exercise: $47.86Exp: 2016-01-31→ Common Stock (2,500 underlying)
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−7,500→ 2,500 total
Exercise: $64.86Exp: 2017-01-09→ Common Stock (7,500 underlying)
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−5,000→ 5,000 total
Exercise: $71.15Exp: 2018-01-08→ Common Stock (5,000 underlying)
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−16,989→ 50,970 total
Exercise: $67.77Exp: 2019-03-12→ Common Stock (16,989 underlying)
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−16,990→ 50,970 total
Exercise: $74.30Exp: 2019-03-12→ Common Stock (16,990 underlying)
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−5,000→ 5,000 total
Exercise: $73.75Exp: 2018-01-08→ Common Stock (5,000 underlying)
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−7,500→ 2,500 total
Exercise: $75.20Exp: 2017-01-09→ Common Stock (7,500 underlying)
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−7,500→ 2,500 total
Exercise: $77.79Exp: 2017-01-09→ Common Stock (7,500 underlying)
Exercise/Conversion
Common Stock
2010-10-28$46.25/sh+2,500$115,625→ 83,283 total
Exercise/Conversion
Common Stock
2010-10-28$71.15/sh+5,000$355,750→ 128,283 total
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−5,000→ 5,000 total
Exercise: $68.72Exp: 2018-01-08→ Common Stock (5,000 underlying)
Exercise/Conversion
Common Stock
2010-10-28$47.86/sh+2,500$119,650→ 85,783 total
Exercise/Conversion
Common Stock
2010-10-28$51.64/sh+2,500$129,100→ 88,283 total
Exercise/Conversion
Common Stock
2010-10-28$55.35/sh+2,500$138,375→ 90,783 total
Exercise/Conversion
Common Stock
2010-10-28$64.86/sh+7,500$486,450→ 98,283 total
Exercise/Conversion
Common Stock
2010-10-28$75.20/sh+7,500$564,000→ 105,783 total
Exercise/Conversion
Common Stock
2010-10-28$77.79/sh+7,500$583,425→ 113,283 total
Exercise/Conversion
Common Stock
2010-10-28$73.75/sh+5,000$368,750→ 118,283 total
Exercise/Conversion
Common Stock
2010-10-28$60.06/sh+16,990$1,020,419→ 145,273 total
Sale
Common Stock
2010-10-28$85.74/sh−20,344$1,744,311→ 80,783 total
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−2,500→ 0 total
Exercise: $46.25Exp: 2016-01-31→ Common Stock (2,500 underlying)
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−2,500→ 0 total
Exercise: $55.35Exp: 2016-01-31→ Common Stock (2,500 underlying)

Footnotes (7)

[F1]Represents the shares returned to the issuer as part of the exercise of stock options.
[F2]The reporting person exercised 98,469 stock appreciation rights, which resulted in the receipt of 20,344 shares of Lorillard, Inc. Common Stock.
[F3]Represents the weighted average sale price. The shares were sold at prices ranging from $85.67 to $85.96. 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.
[F4]The stock appreciation rights vested in four equal annual installments of 2,500 shares beginning on January 31, 2007.
[F5]The stock appreciation rights vested in four equal annual installments of 2,500 shares beginning on January 9, 2008.
[F6]The stock appreciation rights vested in four equal annual installments of 2,500 shares beginning on January 8, 2009.
[F7]The stock appreciation rights vested in four equal annual installments of 16,990 shares beginning on March 12, 2010.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

LORILLARD, INC.

CIK 0001424847

→

Entity typeother

Related Parties

filerCIK 0001425653

Filing Metadata

Form type: 4
Filed: Oct 28, 8:00 PM ET
Accepted: Oct 29, 4:26 PM ET
Size: 55.8 KB

View on SEC.gov