LENNAR CORP /NEW/ — Director's Dealing 2015

Feb 10, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2015-02-09

Reporting Person: GERARD STEVEN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-09	Class A Common Stock	M	2500	$25.75	Acquired	27837	Direct
2015-02-09	Class A Common Stock	S	1426	$48.19	Disposed	26411	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-09	Stock Option (Right to Buy)	$25.75	M	2500	Disposed	2015-04-11	Class A Common Stock (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	850	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

Footnotes

F1: The price reflects the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $48.19 to $48.20 per share. The reporting person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.