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LENNAR CORP /NEW/ — Director's Dealing 2018
Apr 11, 2018
30122_dirs_2018-04-11_20b3b28c-e452-4f80-89af-e5df364eb53f.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: 2018-04-11
Reporting Person: STOWELL SCOTT D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-04-11 | Class A Common Stock | A | 2000 | $0.00 | Acquired | 419861 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common Stock | 8315 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $50.34 | 2020-04-01 | Class A Common Stock (98062) | 98062 | Direct |
| Stock Appreciation Right | $46.51 | 2020-10-01 | Class A Common Stock (32329) | 32329 | Direct |
Footnotes
F1: Shares issued in accordance with the Issuer's outside directors' compensation program. Shares are fully vested and fifty percent (50%) of the shares are subject to a two-year minimum holding period from the date of issuance.
F2: Appreciation is capped at $22.60 per stock appreciation right.
F3: For each share of Class A common stock received by the Reporting Person by exercising the stock appreciation right, the Reporting Person will also receive .02 shares of Class B common stock.
F4: Appreciation is capped at $22.60 per stock appreciation right.