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Director's Dealing 2018

Feb 15, 2018

30122_dirs_2018-02-14_0aefb1f4-eced-433f-9cbf-b9e2799bdd96.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2018-02-12

Reporting Person: STOWELL SCOTT D (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	417254	Direct
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)		Direct
Stock Appreciation Right	$46.51	2020-10-01	Class A Common Stock (32329)		Direct

Footnotes

F1: Appreciation is capped at $22.60 per stock appreciation right.

F2: 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.

F3: Appreciation is capped at $22.60 per stock appreciation right.