LENNAR CORP /NEW/ — Director's Dealing 2017

Jun 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2017-05-31

Reporting Person: BOLOTIN IRVING (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-27	Class A Common Stock	G	8125	$0.00	Acquired	29116	Direct
2017-05-31	Class A Common Stock	A	316	$0.00	Acquired	29432	Direct
2017-04-27	Class A Common Stock	G	8125	$0.00	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	3334	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$51.26	2018-04-08	Class A Common Stock (2500)	2500	Direct

Footnotes

F1: On April 27, 2017, 8,125 shares were transferred pursuant to an annuity payment from the GRAT to the reporting person. The reporting person is the trustee and sole beneficiary of the GRAT, therefore the transaction did not result in a change in beneficial ownership.

F2: These shares were issued in accordance with the Issuer's outside directors' compensation program based on $51.31 per share which was the last reported sale price of the Issuer's Class A common stock on May 31, 2017, the last trading day of the Issuer's fiscal quarter. The shares are not transferable until May 31, 2020, subject to specified exceptions.