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LENNAR CORP /NEW/ — Director's Dealing 2016
Jun 24, 2016
30122_dirs_2016-06-24_d58fde17-ac5a-4478-bc1c-78f2232890f2.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: 2016-06-22
Reporting Person: GROSS BRUCE E (Vice President/CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-12-04 | Class A Common Stock | G | 325 | $0.00 | Disposed | 555852 | Direct |
| 2015-12-10 | Class A Common Stock | G | 300 | $0.00 | Disposed | 555552 | Direct |
| 2016-06-22 | Class A Common Stock | A | 40000 | $0.00 | Acquired | 370552 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 225000 | Indirect |
| Class A Common Stock | 1737 | Indirect |
| Class B Common Stock | 50582 | Direct |
| Class B Common Stock | 10000 | Indirect |
Footnotes
F1: 1/3 of the restricted shares granted vest on each of July 2, 2017, July 2, 2018 and July 2, 2019, subject to forfeiture in accordance with the terms of the grant.
F2: For estate planning purposes, the reporting person transferred 225,000 shares that were directly held to a limited liability company of which the reporting person and his spouse are the sole beneficiaries. The reporting person and his spouse each transferred their respective interests in the limited liability company to family trusts in which they have pecuniary interests.