4//SEC Filing
LORILLARD, LLC 4
Accession 0001209191-15-053260
CIK 0001424847operating
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 4:17 PM ET
Size
7.4 KB
Accession
0001209191-15-053260
Insider Transaction Report
Form 4
Lewis Houghton
Vice President and Treasurer
Transactions
- Disposition to Issuer
Common Stock
2015-06-12−32,893.55→ 0 total - Tax Payment
Common Stock
2015-06-12$71.40/sh−6,478$462,529→ 32,893.55 total
Footnotes (3)
- [F1]On June 12, 2015, pursuant to the terms of the Agreement and Plan of Merger, dated as of July 15, 2014 (the "Merger Agreement"), by and among Lorillard, Inc., a Delaware corporation ("Lorillard"), Reynolds American Inc., a North Carolina corporation ("RAI"), and Lantern Acquisition Co., a Delaware corporation and wholly owned subsidiary of RAI ("Merger Sub"), Merger Sub merged with and into Lorillard with Lorillard surviving as a wholly owned subsidiary of RAI (the "Merger").
- [F2]Represents the restricted shares withheld by Lorillard to satisfy the reporting person's tax liability resulting from the accelerated vesting of restricted stock awards held by the reporting person at the effective time of the Merger.
- [F3]Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each outstanding share of Lorillard common stock beneficially owned by the reporting person was automatically canceled and converted into the right to receive (i) $50.50 in cash and (ii) 0.2909 of a share of RAI common stock.
Documents
Issuer
LORILLARD, LLC
CIK 0001424847
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001424847
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 4:17 PM ET
- Size
- 7.4 KB