Galaxy Note 3 - S-View cover and Password Lock

[Gadgetdude]

I thought I read about this here a long time ago but can't find the thread.

Can any of you with an S-View case tell me how it works if I have password lock turned on? I have to use a password for work but it doesn't kick in for 30 minutes. Will closing the case lock the phone or (hopefully) just put it to sleep? Any other limitations with a password lock?

Thanks!