LENNAR CORP /NEW/ — Director's Dealing 2016

Jul 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2016-07-01

Reporting Person: JAFFE JONATHAN M (Vice President/COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-02	Class A Common Stock	F	9915	$46.42	Disposed	141085	Direct
2016-07-02	Class A Common Stock	F	8610	$46.42	Disposed	132475	Direct
2016-07-02	Class A Common Stock	F	8610	$46.42	Disposed	123865	Direct
2016-07-01	Class A Common Stock	S	20000	$46.25	Disposed	453496	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	2586	Indirect
Class B Common Stock	37560	Indirect
Class B Common Stock	264	Indirect

Footnotes

F1: Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on July 15, 2013.

F2: Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on July 2, 2014.

F3: Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 23, 2015.

F4: The sale occurred pursuant to a Rule 10b5-1 plan adopted by the reporting person.

F5: The price reflects the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $46.00 to $46.46 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.

F6: These shares are held in a family trust.