Android 5.0 is finally announced for the Nexus 4 as well! The Lollipop build LRX21T is already on its way to N4 devices and it will soon officially roll out. Google officials say the update is locked and loaded and it will reach devices soon.
There is no official launch date yet, but we hope to get it sooner than soon ™. It is reassuring to know that the Nexus 4 will be getting its due update to Lollipop 5.0.