LENNAR CORP /NEW/ — Director's Dealing 2018

Jul 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2018-07-02

Reporting Person: JAFFE JONATHAN M (Director, President/COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-02	Class A Common Stock	F	8181	$52.17	Disposed	212333	Direct
2018-07-02	Class A Common Stock	F	8181	$52.17	Disposed	204152	Direct
2018-07-02	Class A Common Stock	F	8181	$52.17	Disposed	195971	Direct
2018-07-02	Class A Common Stock	S	20000	$52.12	Disposed	289922	Indirect
2018-07-02	Class B Common Stock	F	164	$42.54	Disposed	1816	Direct
2018-07-02	Class B Common Stock	F	164	$42.54	Disposed	1652	Direct
2018-07-02	Class B Common Stock	F	164	$42.54	Disposed	1488	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	2603	Indirect
Class B Common Stock	45309	Indirect
Class B Common Stock	324	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 June 23, 2015.

F2: Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 22, 2016.

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 27, 2017.

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 $51.89 to $52.50 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.

F7: Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The reporting person received the shares of Class B common stock as a result of a dividend of Class B common stock to holders of Class A common stock and Class B common stock as of the record date, November 10, 2017, and these shares were subject to the restrictions of the underlying Class A common stock on which they were issued.