Orlowsky Martin L. 4/A

Accession 0001209191-10-052345

CIK 0001424847other

Filed

Oct 31, 8:00 PM ET

Accepted

Nov 1, 4:35 PM ET

Size

59.3 KB

Accession

0001209191-10-052345

Form 4/AAmended

Period: 2010-10-27

DirectorChairman, President and CEO

Transactions

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
2010-10-28−16,989→ 50,970 total
Exercise: $67.77Exp: 2019-03-12→ Common Stock (16,989 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
Common Stock
2010-10-28$60.06/sh+16,990$1,020,419→ 138,662 total
Exercise/Conversion
Common Stock
2010-10-28$46.25/sh+2,500$115,625→ 76,672 total
Disposition to Issuer
Common Stock
2010-10-28$86.33/sh−78,125$6,744,531→ 94,516 total
Exercise/Conversion
Common Stock
2010-10-28$64.86/sh+7,500$486,450→ 91,672 total
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−2,500→ 0 total
Exercise: $46.25Exp: 2016-01-31→ Common Stock (2,500 underlying)
Sale
Common Stock
2010-10-28$85.74/sh−20,344$1,744,311→ 74,172 total
Exercise/Conversion
Stock Appreciation Rights
2010-10-28−16,990→ 50,970 total
Exercise: $60.06Exp: 2019-03-12→ Common Stock (16,990 underlying)
Sale
Common Stock
2010-10-27$85.79/sh−6,564$563,126→ 74,219 total
Sale
Common Stock
2010-10-27$84.17/sh−47$3,956→ 74,172 total
Exercise/Conversion
Common Stock
2010-10-28$73.75/sh+5,000$368,750→ 111,672 total
Exercise/Conversion
Common Stock
2010-10-28$67.77/sh+16,989$1,151,345→ 155,651 total

Footnotes (8)

[F1]This amended Form 4 corrects the date of earliest transaction and includes two sale transactions which were inadvertently omitted from the original Form 4 filing.
[F2]Represents the shares returned to the issuer as part of the exercise of stock appreciation rights.
[F3]The reporting person exercised 98,469 stock appreciation rights, which resulted in the receipt of 20,344 shares of Lorillard, Inc. Common Stock.
[F4]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.
[F5]The stock appreciation rights vested in four equal annual installments of 2,500 shares beginning on January 31, 2007.
[F6]The stock appreciation rights vested in four equal annual installments of 2,500 shares beginning on January 9, 2008.
[F7]The stock appreciation rights vested in four equal annual installments of 2,500 shares beginning on January 8, 2009.
[F8]The stock appreciation rights vested in four equal annual installments of 16,990 shares beginning on March 12, 2010.

Documents

1 file

LORILLARD, INC.

CIK 0001424847

Entity typeother