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LENNAR CORP /NEW/ Director's Dealing 2012

May 3, 2012

30122_dirs_2012-05-03_524f4455-5176-4114-916d-120a313320c5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2012-05-01

Reporting Person: MILLER STUART A (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-05-01 Class A Common Stock S 33333 $27.53 Disposed 2188504 Direct
2012-05-02 Class A Common Stock S 33333 $28.57 Disposed 2155171 Direct
2012-05-03 Class A Common Stock S 33334 $28.97 Disposed 2121837 Direct
2012-04-12 Class B Common Stock G 100 $0.00 Disposed 97630 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 36850 Indirect
Class A Common Stock 18443 Indirect
Class B Common Stock 1878 Indirect
Class B Common Stock 21207996 Indirect

Footnotes

F1: Sale executed pursuant to a Rule 10b5-1 plan executed on April 25, 2011.

F2: The price reflects the weighted average sale price for the transactions reported on this line. The range of prices for the transactions reported on this line are $27.34 to and including $27.75. The full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, the issuer, or a security holder of the issuer.

F3: The price reflects the weighted average sale price for the transactions reported on this line. The range of prices for the transactions reported on this line are $28.11 to and including $28.79. The full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, the issuer, or a security holder of the issuer.

F4: The price reflects the weighted average sale price for the transactions reported on this line. The range of prices for the transactions reported on this line are $28.79 to and including $29.19. The full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, the issuer, or a security holder of the issuer.

F5: Mr. Miller has sole voting and investment power with respect to these shares, even though he has only limited pecuniary interest in these shares. Mr. Miller disclaims beneficial ownership of these shares except to the extent of such pecuniary interest.