LENNAR CORP /NEW/ — Director's Dealing 2012

Jan 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2012-01-13

Reporting Person: SHALALA DONNA E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-13	Class A Common Stock	M	2500	$8.69	Acquired	12000	Direct
2012-01-13	Class A Common Stock	S	1050	$21.99	Disposed	10950	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-13	Stock Option (Right to Buy)	$8.69	M	2500	Disposed	2012-04-15	Class A Common Stock (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	200	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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