LENNAR CORP /NEW/ — Director's Dealing 2011

Oct 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2011-10-05

Reporting Person: BOLOTIN IRVING (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-05	Class A Common Stock	A	452	$0.00	Acquired	89415	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	15288	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$8.69	2012-04-15	Class A Common Stock (2500)	2500	Direct
Stock Option (Right to Buy)	$18.28	2013-04-14	Class A Common Stock (2500)	2500	Direct
Stock Option (Right to Buy)	$18.19	2014-04-13	Class A Common Stock (2500)	2500	Direct

Footnotes

F1: Shares issued in accordance with the Issuer's outside directors' compensation program. Shares are fully vested and are subject to a minimum holding period through November 30, 2014.