Lewis Houghton 4
4 · LORILLARD, INC. · Filed Apr 30, 2013
Insider Transaction Report
Form 4
Lewis Houghton
Vice President and Treasurer
Transactions
- Exercise/Conversion
Stock Appreciation Rights
2013-04-29−4,681→ 9,335 totalExercise: $22.59From: 2013-03-12Exp: 2019-03-12→ Common Stock (4,681 underlying) - Disposition to Issuer
Common Stock
2013-04-29$42.95/sh−9,055$388,912→ 44,367.55 total - Sale
Common Stock
2013-04-29$43.03/sh−9,645$415,005→ 34,722.55 total - Exercise/Conversion
Common Stock
2013-04-29$20.02/sh+14,019$280,660→ 48,741.55 total - Exercise/Conversion
Common Stock
2013-04-29$22.59/sh+4,681$105,744→ 53,422.55 total - Exercise/Conversion
Stock Appreciation Rights
2013-04-29−14,019→ 0 totalExercise: $20.02From: 2013-03-12Exp: 2019-03-12→ Common Stock (14,019 underlying)
Footnotes (3)
- [F1]Represents the shares returned to the issuer as part of the exercise of stock appreciation rights.
- [F2]The reporting person exercised 18,700 stock appreciation rights, resulting in the receipt of 9,645 shares of common stock.
- [F3]Represents the weighted average sale price. The shares were sold at prices ranging from $42.99 to $43.07. 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.