LENNAR CORP /NEW/ — Director's Dealing 2017

Mar 29, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2017-03-28

Reporting Person: LAPIDUS SIDNEY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-04	Class A Common Stock	G	33107	$0.00	Acquired	96266	Direct
2017-03-28	Class A Common Stock	M	2500	$39.62	Acquired	98766	Direct
2017-01-04	Class A Common Stock	G	33107	$0.00	Disposed	26893	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-28	Stock Option (Right to Buy)	$39.62	M	2500	Disposed	2017-04-09	Class A Common Stock (2500)	Direct

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)	$51.26	2018-04-08	Class A Common Stock (2500)	2500	Direct

Footnotes

F1: On January 4, 2017, 33,107 shares were transferred pursuant to an annuity payment from the Sidney Lapidus 2015 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.