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LENNAR CORP /NEW/ — Director's Dealing 2015
Aug 14, 2015
30122_dirs_2015-08-14_0034b2bc-6463-4220-983c-a6e0f6c7d1e0.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: 2015-08-13
Reporting Person: LAPIDUS SIDNEY (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-13 | Class A Common Stock | J | 28735 | $52.23 | Acquired | 44003 | Direct |
| 2015-08-13 | Class A Common Stock | J | 28735 | $52.23 | Disposed | 74656 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common Stock | 39996 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $39.51 | 2016-04-10 | Class A Common Stock (2500) | 2500 | Direct |
| Stock Option (Right to Buy) | $39.62 | 2017-04-09 | Class A Common Stock (2500) | 2500 | Direct |
| Stock Option (Right to Buy) | $51.26 | 2018-04-08 | Class A Common Stock (2500) | 2500 | Direct |
Footnotes
F1: Represents shares which became directly owned by the reporting person through a substitution of assets in the Sidney Lapidus 2013 GRAT. If this transaction were subject to Section 16(b) of the Exchange Act, there would be no short swing profits from matching this transaction to a sale by the reporting person on March 30, 2015, because the purchase price was higher than the sale price.
F2: Represents the average of the high and the low price of the Company's Class A common stock on August 13, 2015.
F3: Represents shares which were withdrawn through a substitution of assets in the Sidney Lapidus 2013 GRAT and became directly owned by the reporting person.