LENNAR CORP /NEW/ — Director's Dealing 2016

Jan 13, 2016

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2015-11-30

Reporting Person: LAPIDUS SIDNEY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-08	Class A Common Stock	G	31956	$0.00	Acquired	75959	Direct
2015-11-16	Class A Common Stock	G	18734	$0.00	Acquired	94693	Direct
2015-12-02	Class A Common Stock	G	60000	$0.00	Disposed	34693	Direct
2015-10-08	Class A Common Stock	G	31956	$0.00	Disposed	42700	Indirect
2015-11-16	Class A Common Stock	G	18734	$0.00	Disposed	23966	Indirect
2015-12-02	Class A Common Stock	G	60000	$0.00	Acquired	83966	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: On October 8, 2015, 31,956 shares were transferred pursuant to an annuity payment from the Sidney Lapidus 2013 GRAT to the reporting person. On November 16, 2015, 18,734 shares were transferred pursuant to an annuity payment from the Sidney Lapidus 2014 GRAT to the reporting person. On December 2, 2015, 60,000 shares were transferred from the reporting person to the Sidney Lapidus 2015 GRAT. The reporting person is the trustee and sole beneficiary of the GRATs, therefore the transactions did not result in a change in beneficial ownership.