SEC Form 4 · accession 0001209191-15-053228
LORILLARD, LLC · LO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E R Dangoor
Director
Period of report
Jun 12, 2015
Accepted (ET)
Jun 15, 2015 · 4:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001424847
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jun 12, 2015 | D | 26,960 | — | D | 0 | D | |
| Common StockF2 | Jun 12, 2015 | D | 7,500 | — | D | 0 | I | By IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On 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").
- F2Pursuant 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.